Big Mamma have sold a major stake to McWin, the Private Equity company. The acquisition of the French-owned Italian restaurant group values the company at €270m (£233m).
The objective of the investment is set to facilitate the brand expanding into The Middle East and The USA. This will grow the brand from their existing 23 restaurants, located in 5 different countries in Europe.
The co-founders (Victor Lugger and Tigrane Seydoux) will remain at Big Mamma, continuing to run the business as well as being minority shareholders.
At the start of 2023, a majority stake of L’Osteria was acquired by McWin Capital Partners.
At the end of 2022, McWin acquired the master franchise rights for Popeyes and Burger King in 3 different European countries.
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