
SPAIN - Nazca makes 53% IRR with sale of tapas chain
Nazca Capital has sold its entire stake in tapas restaurant business Lizarrán Tapas Selectas from Nazca Capital for EUR 22m. The sale has brought an IRR of 53% and a money multiple of 2.3x on the initial investment to the private equity firm. The buyer is sector player Comess Group, owned by ex-shareholders of food giant Zena - controlled by CVC and Inveralia.
Latest News
McDermott adds to German PE team with Noerr and Latham duo
Noerr’s Holger Ebersberger and Latham & Watkins’ Hanno Witt to join the firm’s Munich office
MML launches lower-mid-market strategy for UK, Northern European B2B assets
London-headquartered GP invested in AI provider MIcompany in first deal for new strategy this week
Revo Capital preps third fund for 2023 launch
VC firm aims to raise USD 75m-150m from private and public investors including blue-chip institutional LPs in Europe, MENA and US
Oakley raises EUR 2.85bn for fifth flagship fund
More than twice the size of its 2019 predecessor, the vehicle will allow for larger equity tickets, more investments and bolt-ons