Deal Announcement


DC Advisory advised on the sale of Lunch Garden Holding NV to Bregal Freshstream

07 Jan 2016

Lunch Garden Holding NV (“Lunch Garden”) is the leading independent restaurant chain in Belgium with over 70 sites in high traffic locations

DC Advisory (“DC”) ran the sale process working with the management team and shareholders, led by H2 Equity Partners, to identify and engage with the best potential future supporters of the business

Having extensive experience in the European restaurant sector, DC was knowledgeable about the asset, the market in which it operates and the buyer universe

Lunch Garden’s business plan was supported by due diligence completed by Deloitte (financial) and Roland Berger (commercial)

The sale of a majority equity interest in Lunch Garden was announced on 10 December 2015

The acquisition of Lunch Garden marks the first investment for Bregal Freshstream

The investment in Lunch Garden has generated a strong return for H2 Equity Partners’ investors

Deal Team

Andreas Kulscar

Director
United Kingdom

Gert Jan van der Hoeven, Managing Partner at H2 Equity Partners, commented: “In a complex transaction, DC Advisory’s team was able to simultaneously manage the diverse shareholder group, the management team, potential buyers and finally Bregal Freshstream to drive the process forward and achieve a good outcome for the stakeholders.”

Simon Tilley, Managing Director at DC Advisory, commented: “Lunch Garden’s management team and exiting shareholders have done an excellent job over the past five years to revive the performance of this iconic Belgian brand. Bregal Freshstream is an excellent partner for the company’s next growth phase. We are confident that they will enjoy much success.”