Côte Restaurants Ltd.
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Côte Restaurants Ltd. - overview
Established
2007
Location
London, -, UK
Primary Industry
Travel & Leisure
About
Côte Restaurants Ltd. operates a modern French restaurant chain, offering a diverse dining experience focused on authentic French cuisine, primarily targeting urban customers in the UK. Côte Restaurants Ltd. , founded in 2007, is based in London, UK, and operates as a modern French restaurant chain.
The company has completed a total of 3 deals, with its most recent deal being a Secondary Buyout valued at GBP 56. 50 mn, which took place on September 28, 2020. This deal was facilitated by Partners Group, who acquired the company from BC Partners. The total amount raised by Côte Restaurants Ltd.
stands at GBP 56. 50 mn. Côte Brasserie operates as a modern French restaurant chain, providing a range of dining experiences centered around authentic French cuisine. Their menu features classic French dishes, seasonal specialties, and a selection of beverages.
The restaurant caters to both casual diners and those seeking a more formal dining experience, serving families, couples, and business patrons. The brand focuses on high-quality food while engaging in community initiatives, such as supporting Great Ormond Street Hospital, enhancing its brand value. Côte Brasserie generated revenue of GBP 201,859,978 in the year 2019, with an EBITDA of GBP 17,160,457. The revenue model is primarily based on direct-to-consumer transactions in restaurant locations, utilizing a priced menu structure.
The establishment also offers private dining services and corporate gifting through Christmas gift vouchers, fostering a welcoming atmosphere and quality service to attract patrons. Côte Restaurants Ltd. intends to utilize the recent funding from the Secondary Buyout to support expansion initiatives and enhance its offerings. While specific details on upcoming products and geographic expansion plans are not disclosed, the completion of the acquisition in September 2020 indicates a strategic shift towards growth.
The company aims to strengthen its presence in existing markets and possibly explore new opportunities, reflecting its commitment to evolving in the competitive dining sector.
Current Investors
Partners Group
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife
Website
www.cote.co.uk
Company Stage
Mature
Total Amount Raised
Subscriber access only
Côte Restaurants Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Côte Restaurants Ltd. | - | ||||||||
| Add-on | Completed | Limeyard | - | ||||||||
| Add-on | Completed | Jackson & Rye | - | ||||||||
| Secondary Buyout | Completed | Côte Restaurants Ltd. | - | ||||||||
| Buyout | Completed | Côte Restaurants Ltd. | - |
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