Upwardly mobile 20 September 2019 The founders of coffee and brunch chain Caravan are on the move, taking their business model to new Chelsea restaurant Vardo
In this week's issue... Upwardly mobile The founders of coffee and brunch chain Caravan are on the move, taking their business model to new Chelsea restaurant Vardo
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CH&Co completes refinancing deal to aid ‘next stage of growth'

31 May 2019 by
CH&Co completes refinancing deal to aid ‘next stage of growth'

CH&Co has completed a refinancing deal with Equistone Partners that will aid continued strategic mergers and acquisitions.

Equistone has bought out a minority equity stake in the caterer from MML Capital Partners.

A spokesperson for CH&Co said: "We can confirm that CH&Co has now completed a refinancing deal with Equistone Partners Europe, which has replaced MML Capital Partners as our minority equity partner.

"CH&Co continues to be a majority management-owned company and it is very much business as usual with a focus on meeting and exceeding the needs of our clients and developing our team. CH&Co is looking forward to this next stage in our growth as we work with Equistone in the coming years."

Earlier this year CH&Co announced a management team restructure that it said would "get us ready for the next stage in our evolution".

The restructure saw Patrick Harbour, the co-founder of Harbour & Jones, which merged with CH&Co in 2017, take on responsibility for operations, with the group's four divisional managing directors reporting to him.

Brand new: how CH&Co has merged 22 disparate brands into a reinvigorated and refocused company>>

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