London, 5th February 2022: Soho Square Capital LLP (“Soho Square”), an investment firm focused on serving the financing needs of established and growing UK and European SMEs, announces today it has sold Brasserie Bar Co, the owner of the leading brasserie and pub brands ‘Brasserie Blanc’ and ‘The White Brasserie Co’, to Alchemy Partners.
Today’s announcement follows a period of successful ownership by Soho Square, during which time Brasserie Bar Co has grown from 5 units into a market-leading business with over 1,300 colleagues serving thousands of customers a week across 14 brasseries and 18 pubs. Alchemy’s investment underpins Brasserie Bar Co’s plan to accelerate growth towards a portfolio of 70 premium pubs over the next five years.
Brasserie Bar Co is a business centered around a culture of high quality cooking and high standards, influenced by Chef Patron, Raymond Blanc. Across each of its brasseries and pubs, it has established a reputation for high quality food and drink, the warm hospitality and professionalism of its teams, and the loyalty of its guests – all of which underpin repeat business. As a Group, it has rebounded strongly from the impact of COVID-19 and continues to trade well across its sites.
Brasserie Bar Co has in place a strong platform for future growth, and with the support and investment of Alchemy, it will further accelerate the rollout of its proven business model, primarily through the expansion of its White Brasserie pub business.
Mark Derry, Executive Chairman of Brasserie BarCo, said:
“I would like to thank Soho Square Capital for their support, and we look forward to working with Alchemy, who share our vision for accelerating the roll out our successful and differentiated pub offer. Under the leadership of CEO Richard Ferrier, we have in place a winning combination of serving brasserie-quality food within historic and atmospheric pubs. It is an offer that customers love, and I am confident that the continued strength of our teams, our steadfast focus on food, and our outstanding locations, will drive future success and growth.”
Stephen Edwards, Managing Partner at Soho Square Capital, commented:
“Brasserie Bar Co is an outstanding business which we are proud to have supported. We wish Mark, Richard and the Alchemy team every future success.”
Soho Square’s deal team was led by Stephen Edwards and James Smallridge. Clearwater International provided sell-side financial advice to Soho Square (Richard O’Donnell) and to the company. Charles Russell Speechleys provided Brasserie Barco with legal counsel throughout the transaction.
For further information
For further information, please contact:
+44 (0)79714 75582
Charlotte Balbirnie Caroline Villiers
+44 (0)7989 528421 +44 (0)7808 585184
About Soho Square Capital
Soho Square Capital is an investment firm focused on providing flexible capital solutions, typically in the form of senior or preferred capital with minority equity stakes, to established and growing UK and European SMEs. Headquartered in London, the firm is led by a highly experienced team that has been investing together for over 15 years, through many economic cycles and have the expertise and flexibility to invest up to £40 million in any given transaction, across the capital structure, from senior debt to equity. The team works closely with business owners and management teams to structure innovative, bespoke financing solutions and offer enhanced portfolio company support.