- Quinn Advise LDC's Backing of Restaurant Team
Quinn Advise LDC's Backing of Restaurant Team
The Quinn Partnership, management due diligence specialists have advised LDC on their backing of the Chester based Mediterranean restaurant chain Ego.
The management team specialise in brand roll outs and have a proven track record following their success with the La Tasca chain of restaurants. LDC have invested £9 million, taking a majority stake in the business. There are currently 5 Ego restaurants across the North West, with a growth plan to open a further 36 restaurants nationwide with a focus upon the less competitive suburbs of towns and cities.
Paul Quinn led the team from The Quinn Partnership and commented, “This is a team with years of experience within the restaurant industry and they bring a wealth of knowledge to this investment. Their previous successes along with the backing of LDC should help to ensure that this is a profitable venture. The growth plan of introducing casual dining outlets across the UK should prove popular.”