Delivering what we commit to.
Individual Restaurant Company
Deal Type: MBO
Date: Feb '04 - Dec '06
The Individual Restaurant Company operates a chain of 16 premium restaurants under two key brands – Bar & Grill and Piccolino.
Why we liked it
Gresham provided the capital to fund a site roll-out programme, opening 11 restaurants (10 Piccolinos and 1 Bar & Grill). During our investment, IRC underwent a period of rapid organic growth as we helped it to realise its tremendous growth potential by providing strong strategic and financial support to the management team.
How did we help?
The business was exited in 2006 through the £41m reverse take-over of an AIM quoted Group.
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20 January 2014