The Private Equity and Finance teams advised McWin Capital Partners, alongside its co-investment partner TriSpan LLP, on the acquisition of the entire issued share capital of FI Holdings Limited (“Flat Iron”), a popular steak restaurant chain with multiple restaurants across the UK. The transaction was financed through a combination of equity funding provided by McWin and TriSpan and senior debt financing.
McWin Capital Partners is a specialist private equity and venture capital firm, dedicated to the food ecosystem. With deep industry expertise across three business segments, Food Tech, Foodservice and Restaurants, McWin’s purpose is to lead the food industry through positive change and create value on behalf of investors and portfolio companies by leveraging its scale, network and experience to deliver outstanding returns. Notable other investments include Gail’s Bakery, Sticks’n’Sushi and Big Mamma Restaurants.
The Goodwin M&A team was led by Richard Lever and consisted of Charles Elsom, Matt Connell, Caitlin Chan, Patrick Deasy, Oana Millich, Philip Spilberg, Michel de Bezenac, Yann Ricard, Julien Schraub, Jules Oger Vilcocq, Dulcie Daly, David Irvine, Sumiyya Ghauri, Matt Rees, Gretchen Scott, Alexandra Mulligan, Joseph Ndep and Alex Nicolaidis.
The Goodwin Finance team was led by Simon Fulbrook and consisted of Patrick Clarke, Nadim Islam, Laura Kelly, Ed Saunders, Elie-Raphael Soudry, Eilidh McTavish and Theo Thomzik.
For more information on the deal, please read the press release.