Private equity giant snares French eaterie Cote Restaurants
Tuesday, September 29, 2020
Cote Restaurants has found a new owner after the pandemic drove it to re-think its future.
Partners Group said it is "excited" by the potential, and has "ambitious plans" in relation to the business.
Christian Ebert, CEO of Partners Group commented: "We see a strong brand with a good following, great quality food and a differentiated operating setup. While the mandatory closure of all Côte's restaurants due to Covid-19 resulted in a significant loss of revenue and earnings, the brand remains as well-regarded as ever and uniquely positioned in the UK restaurant scene.