At what enterprise value was CÔTE RESTAURANTS acquired in 2015?

During the acquisition of CÔTE RESTAURANTS by BC PARTNERS in 2015, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 11.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CÔTE RESTAURANTS when it was acquired by BC PARTNERS?

The estimated EV/EBITDA multiple for CÔTE RESTAURANTS is in the range of 10x - 18x. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.4x. Join our community for free to access full valuation data and industry trends.

When was CÔTE RESTAURANTS acquired by BC PARTNERS?

CÔTE RESTAURANTS was acquired by BC PARTNERS in 2015.

What was the revenue of CÔTE RESTAURANTS at the time of the deal?

The revenue of CÔTE RESTAURANTS at the time of the deal is estimated to be in the range of 100M - 200M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of CÔTE RESTAURANTS during the acquisition?

CÔTE RESTAURANTS's EBITDA is estimated to be in the range of 10M - 30M GBP. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the CÔTE RESTAURANTS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the CÔTE RESTAURANTS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.bcpartners.com/news/bc-partners-acquires-cote-restaurants/

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Home Database Retail & ConsumerCÔTE RESTAURANTS

07/2015

CÔTE RESTAURANTS

Acquired by

BC PARTNERS

UNITED KINGDOM Hospitality & Leisure / Hospitality / Restaurants / Chains EV 300M - 700M GBP

CÔTE RESTAURANTS acquired by BC PARTNERS

UNITED KINGDOM Hospitality & Leisure / Hospitality / Restaurants / Chains EV 300M - 700M GBP

Context

BC Partners has acquired a majority stake in Côte Restaurants from its previous owners in a transaction that transitions the company into its next phase of national expansion. The deal involves the existing senior management team, led by Alex Scrimgeour, Harald Samuelsson, and Paul Aitchison, retaining a significant minority shareholding to ensure leadership continuity. The strategic rationale for the acquisition centers on backing a highly successful, proven restaurant format to continue its aggressive roll-out across the UK (67 restaurants at the date of the operation). Furthermore, BC Partners intends to utilize Côte as a foundational platform for potential consolidation in the restaurant industry, including the acquisition or development of adjacent dining concepts. This deal highlights the strong institutional appetite for "value-driven" premium casual dining brands that demonstrate resilient unit economics and high scalability. Following the acquisition, Côte will benefit from BC Partners' deep capital reserves and expertise in scaling European consumer businesses, aiming to elevate the brand from a 67-site chain to a dominant national hospitality group.

CÔTE RESTAURANTS, which reported an EBITDA margin of LOGIN in 2015, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Côte Restaurants is a high-growth UK-based dining chain inspired by the modern bistros of Paris. Founded in 2007 and headquartered in London, the company specializes in offering a "value-for-money" French dining experience, characterized by simple, freshly prepared classic dishes such as steak frites, moules marinières, and corn-fed chicken. The business model centers on an "all-day" service offering breakfast, lunch, and dinner in a modern, informal, and friendly bistro setting. Since its launch, the firm has scaled rapidly to have numerous locations through a disciplined roll-out strategy focused on high-quality seasonal ingredients and consistent service standards. Côte's value proposition is built on providing an upscale dining atmosphere at attractive price points, appealing to a broad demographic of casual diners and families. Its technical operational strength lies in a centralized management team capable of maintaining culinary consistency across a growing national footprint. As a leading player in the UK's "bistro-style" casual dining segment, the company serves as a scalable platform for further geographic expansion and potential multi-concept development within the hospitality sector.

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Other operations with CÔTE RESTAURANTS

Date	Acquirer	Target	Country	Sector	Deal Context
09/2013	CBPE CAPITAL	CÔTE RESTAURANTS	UNITED KINGDOM	Hospitality & Leisure	Côte Restaurants is a high-growth UK-based dining chain inspired by the modern bistros of Paris. Founded in 2007 and headquartered in London, the company specializes in offering a "value-for-money" French dining experience, characterized by simple, freshly prepared classic dishes such as steak frites, moules marinières, and corn-fed chicken. The business model centers on an "all-day" service offering breakfast, lunch, and dinner in a modern, informal, and friendly bistro setting. Since its launch, the firm has scaled rapidly to have numerous locations through a disciplined roll-out strategy focused on high-quality seasonal ingredients and consistent service standards. Côte's value proposition is built on providing an upscale dining atmosphere at attractive price points, appealing to a broad demographic of casual diners and families. Its technical operational strength lies in a centralized management team capable of maintaining culinary consistency across a growing national footprint. As a leading player in the UK's "bistro-style" casual dining segment, the company serves as a scalable platform for further geographic expansion and potential multi-concept development within the hospitality sector.

REFERENCES

Valuation range: EV 300M - 700M GBP

Revenue range: 100M - 200M GBP

EBITDA range: 10M - 30M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CÔTE RESTAURANTS by BC PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: côte restaurants

Acquirer: bc partners