Ashcombe advises on Gourmet Burger Kitchen acquisition by Famous Brands
Ashcombe Advisers is pleased to announce that it acted as financial adviser to the management team of Gourmet Burger Kitchen (“GBK”) on its acquisition by Famous Brands, Africa’s leading quick-service and casual dining restaurant operator.
GBK was the pioneer of the premium burger revolution and now operates 75 sites across the UK. Famous Brands is Africa’s largest quick-service and casual dining operator and franchisor, with over 2,600 locations worldwide.
Alasdair Murdoch, CEO of GBK commented:
“There is no doubt that without Ashcombe’s involvement, we would not have been able to strike a deal that worked so well for all parties. We are very grateful to their team for helping us through this deal."
Simon Bullivant of Ashcombe added:
“This is our third deal in the casual dining space in the last 12 months. We have been discussing GBK with Al for some time, and it was a pleasure to work with him and his team on this. We look forward to watching their continued success.”