Advisers serve up multimillion-pound deal for Raymond Blanc’s restaurant group
The pub and restaurant group founded by Raymond Blanc has been acquired in a deal understood to be worth around £40m.
Brasserie Bar Co, which owns the Brasserie Blanc and White Brasserie Co brands, has been acquired by Alchemy Partners
The transaction will underpin Brasserie Bar Co’s plan to accelerate growth towards a portfolio of 70 premium
pubs over the next five years.
It follows a period of successful ownership by Soho Square Capital, during which time the group has grown into a business of 1300 staff serving on average 34,000 customers a week across 14 brasseries and 18 pubs.
Mark Derry will remain as executive chairman of the group and Richard Ferrier as managing director.
Clearwater International advised Brasserie Bar Co.
The team comprised partner and international head of consumer Richard O’Donnell, partner Rob Britton and associate Emily Adlard.
O’Donnell said: “Since its inception Brasserie has built a strong reputation and is well-known by its customers for its high quality food and drink and excellent hospitality from its team. The transaction provides the exceptional management team of Brasserie Bar Co with the backing to substantially accelerate their growth plans. We’d like to wish Mark, Richard and team all the best.”