Fondations Capital takes majority stake in Courtepaille

Fondations Capital has arranged the acquisition of a majority shareholding in the French restaurant chain Courtepaille, marking a change of ownership from the company's previous financial sponsors, a consortium led by ING Parcom. This transaction represents a secondary buyout, enabling the former shareholders to exit after a six-year holding period characterized by consistent growth. The deal is structured to support Courtepaille's next phase of development and expansion within the French market. The rationale for the acquisition is based on the target's strong brand recognition, leading market position in the grill-restaurant segment, and its proven track record of performance in a growing sector. The new ownership structure is designed to foster continued success by aligning the interests of the new financial sponsor with those of the company's leadership. As part of the transaction, the existing management team, along with a significant number of employees, are co-investing, ensuring leadership continuity and a vested interest in the company's future performance. This demonstrates the acquirer's confidence in the current operational strategy and leadership to capitalize on future market opportunities.