Capdesia together with Toridoll Holdings Corporation completes the public to private £93.4m acquisition of The Fulham Shore plc
11 July, 2023
On 11 July 2023, Capdesia Group together with Toridoll Holdings Corporation completed the £93.4m acquisition of The Fulham Shore plc, operator of the Neapolitan sourdough fast-casual pizza chain Franco Manca (72 sites) and the Mediterranean casual dining chain The Real Greek (27 sites).
Whilst the cost-of-living crisis in the UK remains a challenge, we are very optimistic about the growth opportunity for both brands, not only in the UK but also internationally, as they offer superb and authentic food, fast service and a great dining experience at very affordable prices.
With a number of initiatives already underway across the different areas of the business, we expect that the combined strengths and resources of Capdesia, Toridoll and Fulham Shore's outstanding team will provide Franco Manca and The Real Greek with the necessary tools to unlock their full potential.
About The Fulham Shore plc
Fulham Shore plc was incorporated in 2012 and operates the fast growing Neapolitan sourdough fast-casual pizza chain Franco Manca, which first opened in 2008 in Brixton Market, London and now has 72 sites across the UK. Franco Manca was acquired by the group in 2014 when it had 5 sites and merged with Mediterranean casual dining chain The Real Greek, which currently has 27 sites across the UK. The combined group operates 99 restaurants and generated revenues of £82.7m in the period April 2021 to March 2022.
About Capdesia Group Limited
Capdesia Group Limited is a London-and-Brussels-based private equity firm that focuses exclusively on the food service sector by investing in emerging and scalable brands in the UK and Europe. Capdesia provides capital and unparalleled industry expertise to the next generation of branded, category-leading, technology-enabled and sustainable QSR, Fast Casual and Casual Dining restaurant chains and related businesses, in support of buyouts, add-on acquisitions, recapitalisations and international expansion. In addition to Fulham Shore, Capdesia's portfolio companies include Wasabi Sushi & Bento (Asian food-on-the-go), Gail's (UK's leading artisan bakery chain) and Marugame Udon (world’s largest Japanese udon noodles chain).
About Toridoll Holdings Corportion
Founded in 1990, Toridoll Holdings Corporation is the creation of the highly accomplished visionary entrepreneur Takaya Awata who started his first restaurant in Kakogawa, Japan, back in 1985. Today, Toridoll is a public company listed on the Tokyo stock exchange with over 1,700+ restaurants and annual system revenues of $1.4 billion. The group operates over 15 different concepts in 36 countries. Wok to Walk and Shoryu are part of Toridoll's UK brand portfolio.