Target Information

Villa Paradiso Group (Villa), a prominent player in the Norwegian dining sector, has announced a partnership agreement on October 30, 2017, with Credo Partners (Credo), which involves a majority share acquisition of Villa by Credo. The founding partners, Jan Vardøen and Trond Haug, along with several key employees, will retain a significant minority stake in the company, ensuring continuity in leadership and vision.

This strategic partnership is anticipated to bolster Villa's growth trajectory. With an annual revenue of approximately NOK 150 million, the group encompasses celebrated Italian restaurants like Villa Paradiso and a premium take-away service, Piccolo Paradiso, alongside a food and wine importing business, Villa Import. Villa Paradiso Group has also expanded its offerings with a range of Villa Paradiso branded products and the wine brand Vino Paradiso. Notably, the group is set to launch a new restaurant location in Majorstuen, Oslo, before the Christmas season.

Industry Overview

The Norwegian restaurant sector has been experiencing substantial growth, driven by an increasing demand for diverse culinary experiences and an emphasis on quality dining. Consumers are now more inclined towards