Waterland’s Didix bolts on two dining clubs

Didix provides gift cards including cinema and restaurant vouchers. The firm is located in Amsterdam and has around 21 employees. The Restaurant Choice is a restaurant voucher retailer founded by Simon Leonard, who also founded The Gourmet Society.

ABN AMRO provided funding to support the acquisitions.

Waterland acquired Netherlands-based Didix in September 2013. The GP made an equity injection designed to support the organic and acquisitive growth of the company across Europe.

Company
The Gourmet Society is a subscription-based dining club in the UK with more than 500,000 members and 7,000 affiliated restaurants. Restaurant Choice is a restaurant gift voucher scheme that is accepted at more than 1,500 restaurants in Britain including Nandos and Pizza Express.

People
Simon Leonard is a founder of The Gourmet Society and The Restaurant Choice and joined the Didix board.

Advisers
Company (The Gourmet Society) - Grant Thornton, Ali Sharifi, Usman Malik (Corporate finance).

 

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• Consumer
• Portfolio management
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