Walter Butler has acquired L'Alcazar, a pivotal venue in Paris's cultural and nightlife scene, with plans to enhance its festive identity while preserving its esteemed service.

Target Information

Walter Butler has acquired L'Alcazar, reinforcing his commitment to the development of venues that represent the cultural and festive vibrancy of Paris. The acquisition, announced by David Loewi, CEO of D&D London, and Fabrice Gilberdy, director of L'Alcazar, marks a significant transition for this iconic establishment, located at 62 rue Mazarine in the heart of the sixth arrondissement.

L'Alcazar, founded in 1968 by Jean-Marie Rivière, a future master of ceremonies at Paradis Latin, and Marc Doelnitzky, has established itself as an audacious cabaret, quickly becoming a prominent spot in the Parisian nightlife scene. In 1998, it transformed into a contemporary brasserie under the guidance of British designer Terence Conran and Michel Besmond, winning over patrons with its majestic architecture, including a 12-meter high glass roof, a mezzanine overlooking the hall, an elegant bar, and a private lounge.

Industry Overview

The hospitality and nightlife industry in France, particularly in Paris, is renowned for its rich culture and high standards of service. The sector has undergone significant transformations, especially following the COVID-19 pandemic,