Cinven has submitted its official offer for Gondola Holdings Plc, the name behind the Pizza Express and ASK restaurant chains through its acquisition vehicle Paternoster Acquisitions Ltd. The 415p per share offer values the share capital of Gondola at approximately £559m and offers a premium of 28.1% on the average closing price for the one month period before the offer was announced.
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017