Impresario Entertainment & Hospitality Private Limited
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Impresario Entertainment & Hospitality Private Limited - overview
Established
2001
Location
Mumbai, -, India
Primary Industry
Travel & Leisure
About
Impresario Entertainment & Hospitality Private Limited operates within the hospitality sector, managing a diverse collection of restaurants that deliver memorable dining experiences across India. Founded in 2001 and headquartered in Mumbai, India, Impresario Entertainment & Hospitality Private Limited has established itself as a prominent player in the hospitality industry. The company specializes in managing a wide array of dining establishments. In November 2022, the India Resurgence Fund completed a BUYOUT of Impresario from L Catterton for INR 5.
50 billion, signaling a strategic acquisition aimed at bolstering its business operations and management capabilities. The company has executed a total of 4 deals to date. The current CEO is Mayank Bhatt, while the founders of the company are Arnaud Dalbin and Kiran Salaskar. The most recent deal date was November 14, 2022, which also marks the latest funding round.
Impresario Handmade Restaurants specializes in the hospitality sector, operating a diverse portfolio of 66 restaurants across 12 cities in India. The primary offerings include a variety of dining experiences that cater to a wide audience, blending innovative culinary options with a focus on creating memorable moments for guests. Their restaurants serve a mix of local and international cuisines, providing patrons with a unique culinary journey. Impresario fosters community engagement and entrepreneurial growth through its venues, targeting families, young professionals, and food enthusiasts as its clientele.
Furthermore, it seeks to establish a strong presence in suburban and developing regions beyond urban centers. In 2023, Impresario Handmade Restaurants reported a revenue of INR 71,256,443. 90, along with an EBITDA of INR 4,130,982 for the same year. Revenue is generated primarily through direct-to-consumer transactions that involve in-store dining experiences, catering services, and hosting events.
Customers pay for their dining experiences at the point of sale, while collaboration with local businesses and event planners contributes to additional income streams. Following the recent acquisition by the India Resurgence Fund in November 2022, Impresario Entertainment & Hospitality Private Limited plans to utilize the newly acquired resources to expand its business operations. The strategy includes enhancing management efforts to introduce new products and services to the market, ultimately aiming to penetrate additional geographic regions. Specific targets for market expansion have not been disclosed, but the company is expected to leverage its existing infrastructure to strengthen its market presence.
Current Investors
India Resurgence Fund, L Catterton
Primary Industry
Travel & Leisure
Sub Industries
Consumer Services, Restaurants & Nightlife
Website
www.impresario.in
Company Stage
Mature
Total Amount Raised
Subscriber access only
Impresario Entertainment & Hospitality Private Limited - 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 | Impresario Entertainment & Hospitality Private Limited | - | ||||||||
| Secondary Buyout | Completed | Impresario Entertainment & Hospitality Private Limited | - | ||||||||
| Growth | Completed | Impresario Entertainment & Hospitality Private Limited | - |
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