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

Yo! Sushi to be sold for circa £81m, say reports

09 November 2015 by
Yo! Sushi to be sold for circa £81m, say reports

Mayfair Equity Partners has bought Asian restaurant group Yo! Sushi from private equity firm Quilvest for circa £81m after a deal was reportedly finalised over the weekend.

The sale has been reported today in the wake of rumours that the takeover was to take place as early as August this year.

Yo! Sushi chief executive officer Vanessa Hall, who has operated the company with restaurateur Robin Rowland as executive chairman since May 2014, is also said to be stepping down, with Rowland moving back into the CEO position in her place.

Other bidders rumoured to be in the picture were Inflexion Private Equity, Morgan Stanley Private Equity, 3i and Mistral Equity Partners, with the deal originally mooted as being worth over £100m.

The business was founded in 1997 by Simon Woodroffe and now runs to more than 70 sites including three in the US. The group was sold in 2008 to private equity firm Quilvest for over £51m.


Frontrunner emerges for £100m Yo! Sushi deal >>


The Caterer 100: Robin Rowland, Yo! Sushi >>


Yo! Sushi unveils new restaurant design at Liverpool One >>


*Are you looking for a new role? See all the current restaurant vacancies available with The Caterer* Jobs >>

Latest video from The Caterer

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.

close

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