Bowmark Capital buys Las Iguanas Latin American restaurants

By BigHospitality Writer

- Last updated on GMT

Related tags: Finance, Scotland, United states, Las iguanas

Bowmark Capital, backed by the Royal Bank of Scotland, has bought the Las Iguanas Latin American restaurants for £27m. William Baxter, Corporate Finance Director at BDO Stoy Hayward, which advised Bowmark on the sale said, “The private ...

Bowmark Capital, backed by the Royal Bank of Scotland, has bought the Las Iguanas Latin American restaurants for £27m.

William Baxter, Corporate Finance Director at BDO Stoy Hayward, which advised Bowmark on the sale said, “The private equity community continues to place a high value on proven restaurant concepts with resilient earnings and strong rollout potential. While unique, Las Iguanas is a classic example of such a concept with the added appeal of great unit versatility.” Las Iguanas currently has 14 sites and seven in the pipeline.

Related topics: Business

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