TriSpan acquires majority stake in Rosa's Thai Cafe

As part of the transaction, employees across many levels in the company will partially realise their stock options and reinvest alongside the GP.

According to the MCA/AlixPartners Growth Company Index 2017, Rosa's has increased its revenues by 45% each year over the last two years. It currently has three sites in development, including its first two non-London restaurants in Liverpool and Kent. The other new location is in Tower Bridge, London.

Following the deal, TriSpan's European operating partner – and former Yo! Sushi CEO – Robin Rowland will take a seat on the company's board of directors in the role of non-executive chairperson.

The GP invested from its Rising Stars platform, which is specifically dedicated to investments in the restaurant sector.

Company
Founded in 2007 as a market stall in Brick Lane Market, East London, Rosa's now operates 13 Thai restaurants across the city. According to a report by the Sunday Times, the business generated a turnover of £8.2m in 2017 with core earnings of £1.4m.

People
TriSpan – Jurriaan van der Schee (head of European private equity); Joseph-Patrick Dib (partner).
Rosa's Thai Cafe – Alex Moore, Saiphin Moore (founders); Gavin Adair (managing director).

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