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Clapham House CEO resigns after Nando’s takeover

By Becky Paskin , 29-Nov-2010
Last updated on 06-Dec-2010 at 16:28 GMT

Paul Campbell has resigned from his position as chief executive of Clapham House, following its recent sale to casual dining restaurant group Nando’s and de-listing from AIM.

The co-founder of Clapham House, which operates the Gourmet Burger Kitchen and The Real Greek restaurant brands, is leaving the business after seven years to launch Hill Capital, a UK restaurant advisory and investment fund.

Hill Capital will take over Campbell’s existing investments in the five-strong Mexican chain Tortilla, which plans to expand over the next 12 months, and steakhouse restaurant concept Hawksmoor, which opened its second site in Covent Garden this month.

He is on the board of both companies.

"Exciting restaurant opportunities"

Campbell said he would be seeking to invest in further similar businesses in the coming months.

“I will make investments in 5 or 6 businesses which have the genuine potential to carve out a niche and make a mark in today’s rapidly changing dining out market,” he said.

“I had enormous fun establishing and building Clapham House over the past seven years. The Company now has well-resourced new owners who understand the casual dining market as well as anyone.

“I am sure the Gourmet Burger Kitchen and The Real Greek brands will continue to thrive. It is time for me to move on to new challenges.”

The move comes just weeks after Clapham House’s 67 GBKs and six The Real Greeks, was sold to Nando’s Group for £40m. At the time Nando’s said the brands would require “significant investment and time” to reinvigorate the businesses.

Campbell co-founded the company in 1993 with David Page.

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