Audacia exits burger restaurant chain PNY
Private equity firm Audacia has sold its stake in French burger restaurants operator Paris New York (PNY) to the founders, Graffi Rathamohan and Rudy Guenaire.
Audacia had been an investor in PNY since 2013.
Company
Headquartered in Paris and founded in 2012, PNY is a burger restaurants operator. It has eight restaurants with 137 employees. The company has quadrupled its revenues since 2013, according to Neo Restauration.
People
Paris New York – Charles Beigbeder (founder, president); François Terrier (investment director).
More on Exits
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Actera Group explores strategic options for Celebi Ground Handling
Several investors placed bids for the company in 2022 but mismatch in pricing didn't lead to a deal
Norstat owner Triton Partners explores sale via William Blair
GP has owned the Norway-headquarterd market research business for almost four years
IK Investment-backed Eres expected to hit the auction block by 2024
French employee savings distribution and management firm could be valued at a few hundred million euros
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds