Gordon Ramsay unites his restaurant activities on both sides of the Atlantic Ocean through a deal in which new investments flow from the American private equity house Lion Capital.
The famous chef, 58, combines the British and American arms of his global eating simple in one entity, jointly owned by Ramsay and Lion Capital.
The scheme builds on an earlier partnership that was forged in 2019, when Lion Capital $ 100 million promised to expand the American portfolio of Ramsay. Advisors from Rothschild & Co worked on the latest transaction, which will set up a central board with head office in London.
Gordon Ramsay restaurants, founded in 1998, includes 34 British branches and 32 American sites, in addition to 22 other locations in China, South Korea, Malaysia, France, Dubai, Singapore and Thailand. From destinations with Michelin star to casual pizza and hamburger outlets, the company has 1,100 employees in the UK and 750 in the US. Last year it registered a turnover of $ 500.8 million worldwide.
In a statement, Ramsay said: “This is an exciting new chapter for our company, building on more than five years of collaboration with Lion Capital. Together, and with the support of a brilliant team, we are ready to grow our international reach, create new partnerships and bring exceptional food experiences to more people around the world. “
Ramsay has performed its British activities. He recently revealed plans for a vast dining experience at 22 Bishopsgate in Central London, on four floors and 25,000 m². Expect more than 250 jobs, it offers five different culinary concepts, including a late-night terrace bar, an Asian inspired ‘Lucky Cat’ and a kitchen from Bread Street.
According to the Ramsay 2019 agreement, Lion Capital bought half of his North -American restaurant interests and committed another $ 100 million to open 100 new sites in the US within five years. This latest movement consolidates all international interests, which indicates a new phase of expansion for the worldwide restaurant empire of the TV chef chef.