BGF invests £3m in Camino

BGF secured a minority stake through the investment. The fresh funding will allow Camino to put in place a rollout plan, which will see the chain open several new London sites over the next three years. Camino will also look to build brand awareness and will aim for national expansion in the longer term.

Company
Established in 2007, Camino is a chain of Spanish tapas bar-restaurants with three sites in central London. The restaurants are located in King's Cross, Canary Wharf and Monument - a fourth site is due to open in Blackfriars in Q2 2013.

The business employs 125 people overall and posted a £6m turnover in 2012.

People
Alistair Brew led the deal for BGF. Richard Bigg is the co-founder and managing director of Camino.

Advisers
Equity – Pinsent Masons (Legal); Baker Tilly (Financial due diligence).
Company – Fladgate (Legal).

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• Topics
• Consumer
• UK / Ireland
• Expansion
• United Kingdom
• BGF (Business Growth Fund)