BDO’s M&A team acted as lead advisers on the sale of La Tasca Holdings plc (“La Tasca”) to Casual Dining Group (“CDG”).
From 2011 the management team, with support from investors Kaupthing Hf, instigated a number of major changes across the estate to deliver impressive growth in footfall and revenue, which resulted in strong interest from both private equity and trade suitors.The business was sold to restaurant operator CDG, the owner of the Las Iguanas, Bella Italia and Café Rouge brands.
“We selected BDO as lead advisers due to their sector expertise and knowledge of the market. Having received strong interest from both trade and private equity, I was delighted that the business found a good home with CDG. The BDO team were extremely supportive throughout the transaction and demonstrated a very positive attitude to getting the deal done.”
Simon Wilkinson, CEO, La Tasca