Signature Restaurants

Sector

Leisure

Deal Type

Take private

Investment Date

2003

Exit Date

2005

signature
In 2003, Risk Capital Partners funded the public-to-private of Signature Restaurants, the owner of a number of leading London restaurants including The Ivy and Le Caprice. During our investment, management also founded the fast growing wood fired pizza brand, Strada.

Why we invested:

  • Shares were undervalued on AIM
  • Opportunity to start up the Strada brand using the strong cash flow from the existing estate and our experience with PizzaExpress

Outcome

We sold our investment in September 2005 realising a 7.7x return on equity.