Private investor acquires a minority stake in Mercado Provenzal

The WMAA member advised Mercado Provenzal on the sale of a minority stake.

 

Company
Mercado Provenzal
Transaction
Sector
Activity
Low cost restaurant chain
Date
Country
Spain

Mercado Provenzal is a low cost restaurant chain operating 65 "tapas bar" franchises in Spain located in the main cities. The company was founded in 2012 and since then has grown rapidly given their positioning as the cheapest restaurant chain of its kind. The acquisition conducted by a private investor allows the existing shareholders to conduct a partial cash out. The capital increase carried out will strengthen Mercado Provenzal's financial position and will provide the necessary funds to help grow the business.