Gordon Ramsay combines UK and US restaurant businesses in Lion Capital deal – Harris International Group LLC HIG Consortium

Gordon Ramsay merges his UK and US restaurant operations into a London-headquartered group with Lion Capital, bolstering global expansion for his Michelin-starred and casual dining portfolio.

Gordon Ramsey unifies the operations of his restaurant on both sides of the Atlantic Ocean through a deal that sees new investments flowing from private stock capital in the United States.

The 58-year-old Chefs integrate British and American weapons of his global dining empire in one entity, jointly owned by 50-50 by Ramsay and Lion Capital.

The arrangement depends on a previous partnership in 2019, when Lion Capital pledged $ 100 million to expand the American RAMSAI portfolio. Rothschild & Co counselors worked on the latest deal, which will create a central council based in London.

Gordon Ramsey restaurants, founded in 1998, include 34 institutions in the United Kingdom and 32 American sites, along with 22 other places across China, South Korea, Malaysia, France, Dubai, Singapore and Thailand. Among the destinations by Michelin to the pizza and informal burger, the business employs 1,100 employees in the United Kingdom and 750 in the United States. Globally, sales of $ 500.8 million were recorded last year.

In a statement, Ramsey said: “This is a new exciting chapter for our business, based on more than five years of cooperation with Lion Capital. Together, with the support of a great team, we are ready to develop our international arrival, create new partnerships and bring exceptional dining experiences to more people Throughout the world.

Ramsey intensified his operations in the United Kingdom. Recently revealed plans to experience sprawling eating at 22 Bishopsgate in central London, and extends four floors and 25,000 square feet is expected to create more than 250 jobs, and will provide five distinct cooking concepts, including a terrace bar at night It is Asian- inspired by the “lucky cat” and the bread street kitchen.

Under the Ramsay 2019 agreement, Lion Capital bought half of the interests of North America restaurant and committed another $ 100 million to open 100 new sites across the United States within five years. This last step unifies all international interests, indicating a new stage of expansion of the Worldwide Employ's Worldwide Empire.

Jimmy Young

Jimmy is a major business correspondent, as he brings more than a decade of experience in the commercial reports of small and medium -sized companies in the United Kingdom. Jimmy holds a certificate in business administration and regularly participates in industrial conferences and workshops. When not reporting the latest business developments, Jimmy is excited to direct journalists and new businessmen to inspire the next generation of business leaders.

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