An affiliate of global alternative investment firm HIG Capital has entered into a definitive agreement to acquire Quick Restaurants from Burger King France.
The transaction is expected to be completed before the end of the year, following regulatory approval.
Established in 1971, Quick is one of the leading burger fast food chains. Present in France since 1980, Quick serves more than 36 million meals per year from a network of 107 restaurants.
Subscribe to our Newsletter to increase your edge. Don’t worry about the news anymore, through our newsletter you’ll receive weekly access to what is happening. Join 120,000 other PE professionals today.
Olivier Boyadjian, Managing Director at HIG Capital, says: “HIG’s investment will support Quick’s management team in its transition to an independent company and further accelerate its expansion with an objective of doubling the size of its network in the coming years.”
Source: Private Equity Wire
Can’t stop reading? Read more
Rent the Runway cedes control to PE investors in $260m debt restructuring
Rent the Runway cedes control to PE investors in $260m debt restructuring Rent the Runway has...
Astorg expands Mid-Cap strategy with ATTIKON acquisition in Germany
Astorg expands Mid-Cap strategy with ATTIKON acquisition in Germany Astorg has agreed to acquire a...
Global giant Apollo to double India exposure amid $1tn infrastructure drive
Global giant Apollo to double India exposure amid $1tn infrastructure drive Apollo Global...