Ashcombe Advisers has successfully acted as corporate finance adviser to Hutton Collins on the £100m acquisition of Byron Hamburgers from Gondola Group.
Over six years, Byron has rapidly grown to 34 sites and has been successfully transformed from an emerging concept to a proven business with exciting prospects for further growth and a well advanced pipeline of openings. Historically focused on London, Byron is now expanding beyond the capital with strong openings in a number of key regional cities. Byron’s highly experienced management team, led by Tom Byng, will remain with the business.
Simon Bullivant, of Ashcombe Advisers commented: “We are delighted to have advised Hutton Collins on the Byron acquisition. This is a first class asset in a growth area of the UK consumer & leisure market. Hutton Collins’ expertise in the casual dining space will be of great benefit to the business as it expands over the coming years.”