Equistone Partners Europe Limited has invested in CH&CO, a leading UK contract catering group, to facilitate its growth and expansion strategies.
Target Information
Equistone Partners Europe Limited has announced its investment in CH&CO, a premier UK contract catering firm that was previously backed by MML Capital Partners in 2015. CH&CO is headquartered in Reading and is known for providing exceptional contract and hospitality catering services across various sectors including workplaces, tourist locations, independent schools, state schools, healthcare, and events. Under the leadership of CEO Bill Toner, the company has established a robust client base featuring leading UK corporations and organizations, and has been awarded a Royal Warrant for supplying catering services to HM Queen since 2013.
In 2018, CH&CO reported revenues of £286 million, showcasing significant growth driven both organically and through strategic acquisitions since Bill Toner took charge in 2011. The company maintains a diverse clientele and aims to continue expanding while ensuring high-quality catering and hospitality services.
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Industry Overview in the UK
The UK catering and hospitality industry has undergone considerable transformation and growth over the past decade, driven by changing consumer preferences for healthier, more sustainable food options. This trend has created increased demand for contract
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Equistone Partners Europe Limited
invested in
CH&CO
in 2019
in a Other Private Equity deal
Disclosed details
Revenue: $368M