BDO Corporate Finance recently advised the shareholders of Red Hot World Buffet (“RHWB”) on a buy-out of the group backed by Risk Capital Partners LLP (“RCP”). RHWB is the UK’s leading buffet restaurant group employing over 600 people and operating from seven large sites across the UK. The group offers fixed price, all-you-can-eat dining and a range of cuisines including, amongst others, Italian, Chinese, Indian, British, Tex-Mex and Japanese. RCP’s investment also provided development capital to upgrade the existing estate as well as growth funding for new sites.
“The BDO M&A team provided fantastic support to us throughout the transaction process and we built a very strong relationship with all key members of the team. They demonstrated a tenacious, indefatigable approach to deal-doing which, combined with their restaurant sector knowledge and private equity investor contacts, meant they helped us achieve a fantastic result. I very much look forward to working with them again in the future.”
Helen Dhaliwal – Founder, Red Hot World Buffet