Gaucho fastest-growing private equity-backed restaurant

11 February 2009 by
Gaucho fastest-growing private equity-backed restaurant

Argentinean steak chain Gaucho is the fastest-growing private equity-backed restaurant in the UK, according to research.

The 2009 Sunday Times Deloitte Buyout Track 100 features private equity-backed companies with the fastest-growing profits measured over the latest two years of available figures.

Gaucho is placed 20th overall in the table, ahead of four other companies in the restaurant sector.

In December 2007, private equity firm Intermediate Capital Group backed the management buyout of Gaucho Group. Profits at the company have risen by an average of 71.28% a year over the last two years, to £8.8m in 2008.

Other high performing restaurants include sandwich chain Eat, Japanese chain Yo! Sushi, Café Rouge operator Tragus and noodle chain Wagamama.

Jon Herbert, head of structured debt origination at Lloyds TSB Corporate Markets, a co-sponsor of the Buyout Track 100, said: "Despite the current economic outlook, there are companies in the restaurant sector which have solid business models and strong management teams capable of building on recent success."

QHotels highest place hospitality company in Sunday Times Deloitte Buyout Track 100>>
Gaucho Grill confirms £125m buyout>>

Tragus to double Café Rouge restaurant chain>>

Wagamama to abandon stock market listing>>

Yo! Sushi sold to Quilvest>>

Eat gears up for £150m sale - For more hospitality stories, see what the weekend papers say>>

By Daniel Thomas

E-mail your comments to Daniel Thomas here. jobs
Looking for a new job? Find your next restaurant job here with jobs

The Caterer Blog]( Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking