Experienced Capital Partners diversifies into the restaurant industry
A shareholder in Soeur, Sessùn, Balibaris, Slip Français, Oh My Cream and LA Brucket, the Experienced Capital investment fund set up in 2016 has already entered the worlds of design (NV Gallery), sports (Dynamo) and entertainment (Bam Karaoke) and will now add another string to its bow.
Founded by Frédéric Biousse, Emmanuel Pradère and Elie Kouby, ECP continues its diversification strategy by investing for the first time in the food industry. It is therefore investing €10 million alongside the FrenchFood Capital fund, which was already a shareholder in the Nouvelle Garde breweries.
The restaurant, founded in 2019 by Charles Perez and Victor Dubillot, has two establishments in Paris (Brasserie Bellanger and Brasserie Dubillot) and plans to open a third establishment in 2022. The fundraising should enable it to deploy its concepts in France and potentially internationally.
"ECP continues its sectorial diversification strategy in the premium direct-to-consumer segment,” stated the fund in a press release. “The team hereby completes the third investment of ECP II, a €94 million fund investing equity tickets between €8 (million) to €20 million in high growth premium brands across Europe.”
The fund exited two stakes last year: eyewear brand Jimmy Fairly and the Maison Standards brand. Recently, Pradère detailed the dynamics encountered in 2021 by the brands that remain in his portfolio and the validation fundamentals validated for the year 2022.
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