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.”