Phoenix Equity Partners has structured and led the funding of a £55m secondary buyout of Gaucho Grill in partnership with the management team of the business led by Zeev Godik, the founder and chief executive. Gaucho, the Argentinean restaurant group, was previously owned by the management team and Barclays Private Equity. The acquisition of Gaucho is the second investment by Phoenix’s new £375 million fund raised in April 2006.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater