Gondola Group Explained

Gondola Group
Industry:	Restaurant
Owner:	Cinven

Gondola Group was a chain restaurant operator in the United Kingdom and Ireland. It operated several casual dining brands:^[1]

• Byron Hamburgers, sold to Hutton Collins for £100 million in October 2013.^[2]
• Kettners, champagne bar and restaurant (one site in London), sold in 2013/2014.
• PizzaExpress, sold to the China based private equity firm Hony Capital in July 2014 for £900 million ($1.54 billion).^[3]
• ASK Italian and Zizzi, Italian food. Sold to Bridgepoint Capital in February 2015 for £250 million.^{[4] [5]}

Notes and References

1. Web site: Annual Report 2014 . Gondola Group Limited . 2014 . 8 April 2015 .
2. Web site: Sale of Byron to Hutton Collins Partners . Gondola Group Limited . 18 October 2013 . 8 April 2015 .
3. News: UK restaurant chain Pizza Express purchased by Chinese equity group. 13 July 2014. Big News Network.com.
4. Web site: Sale of ASK and Zizzi by Gondola to Bridgepoint . Gondola Group Limited . 1 December 2014 . 8 April 2015 .
5. http://www.bridgepoint.eu/en/news/press-releases/2015/bridgepoint-completes-gbp-250-million-acquisition-of-ask-italian-and-zizzi/ Bridgepoint press release 9 February 2015: Bridgepoint completes £250 million acquisition of ASK Italian and Zizzi