Giraffe is a fast growing restaurant business with 45 sites across the UK. Giraffe provides family-friendly all day dining in a relaxed atmosphere with great customer service.

In 2004, when the group had seven restaurants, we provided funds to help accelerate a roll-out of the proven Giraffe concept of global cuisine and world music, initially in London and the South East.

In March 2013 Tesco acquired the business with RCP generating an 8 x multiple on its investment.

Why we invested:

• Opportunity to create a new national casual dining brand through accelerated site roll-out
• All day casual dining is a growth market
• Concept was already proven in seven London locations; we believed Giraffe could be a national concept