Patisserie Holdings is the UK’s largest patisserie cafe chain with 175 sites nationwide. The company operates five brands – Patisserie Valerie, Druckers Vienna Patisserie, Baker & Spice, Flour Power City Bakery and Philpotts.

Risk Capital Partners backed the acquisition of Patisserie Valerie in 2006. At the time it had eight sites in Central London. The company subsequently acquired Druckers Vienna Patisserie in 2007, Baker & Spice in 2009, Flour Power City Bakery in 2013 and Philpotts in 2014. It is now quoted on AIM with RCP still owning 40% of the business.

Why we invested:

• Patisserie Valerie is a well established brand with strong customer loyalty
• Opportunity for a national chain of café bakeries
• Build Patisserie Valerie to be the market leading patisserie brand