Rosa's Thai Café sells majority stake to TriSpan

By Georgia Bronte contact

- Last updated on GMT

Rosa's Thai Café sells majority stake to TriSpan
Rosa’s Thai Café has sold a majority stake in its business to private equity firm TriSpan.

Founders Saiphin and Alex Moore will remain involved in the 13-strong business,with a remit to focus on the Thai casual dining business. 

The next stage of the company’s growth will be overseen by Rosa’s managing director Gavin Adair, alongside Robin Rowland, TriSpan’s European operating partner and former CEO of YO!, who will join the board as non-executive chairman.

Founded in Spitalfields in 2008, Rosa’s has been ranked as one of the top three fastest growing restaurant chains in the MCA/AlixPartners Growth Company Index 2017. The company has three new openings scheduled for 2018, having secured sites in Tower Bridge; the Bluewater shopping centre in Kent; and Albert Docks in Liverpool.

Rosa’s Thai Café is the debut European market deal for Rising Stars, TriSpan’s European restaurant division. The company has invested in over 20 restaurant groups globally.

“This investment with likeminded partners allows us to do what we always wanted to do: serve more of our great Thai food to more people,” says managing director Gavin Adair.

“I’m thrilled that our founders will remain actively involved in the next stage of our journey and look forward to working with them, the wider management team and TriSpan to build on everything the Rosa’s family has achieved.”

 

 

 

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