When was GROUPE BAGATELLE acquired by NEXTSTAGE / MI3?

GROUPE BAGATELLE was acquired by NEXTSTAGE / MI3 in 2019.

What was the revenue of GROUPE BAGATELLE at the time of the deal?

The revenue of GROUPE BAGATELLE at the time of the deal is estimated to be in the range of 50M - 100M EUR.

How is the data for the GROUPE BAGATELLE 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 GROUPE BAGATELLE 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://nextstage-am.com/participations/bagatelle/

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Home Database Retail & ConsumerGROUPE BAGATELLE

04/2019

GROUPE BAGATELLE acquired by NEXTSTAGE & MI3

FRANCE Hospitality & Leisure / Hospitality / Restaurants / Chains REV 50M - 100M EUR

Context

NextStage and MI3 together invest EUR 17.7 million into Groupe Bagatelle in a minority, structuring‑equity round aimed at strengthening the group’s balance sheet, rationalizing its shareholder base, and funding a major expansion phase. The transaction enables Bagatelle to buy out certain local foreign investors who provided funding for individual openings, thereby simplifying the capital structure and giving the group the financial firepower to pursue its stated plan of opening 25 new establishments within five years. The founders, Remi Laba and Aymeric Clemente, remain in control, preserving the brand’s creative direction and operational leadership.

GROUPE BAGATELLE, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (10.6x).

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Target

Groupe Bagatelle is a French luxury restaurant, hotel, and beach‑club brand built around a hedonistic, Mediterranean‑style concept. The group launched in 2008 with the flagship Bagatelle restaurant in New York’s Meatpacking District, which quickly became a must‑visit destination in the city. The brand has since expanded into three main concepts: Bagatelle House (upscale urban restaurants), Bagatelle Beach (luxury beach clubs in top resort destinations), and Bagatelle Chalet (exclusive ski‑resort restaurants). Today, the group operates around 16 Bagatelle venues worldwide, including sites in New York, Miami, Saint‑Barthélemy, London, Saint‑Tropez, Mykonos, Courchevel, Buenos Aires, Punta del Este, Rio de Janeiro, São Paulo, Tulum, Dubai, Bahrain, Jeddah, and Riyadh. The concept targets a high‑net‑worth, international clientele seeking premium food, champagne‑driven experiences, and Instagram‑friendly party‑lifestyle venues, with strong seasonality and high‑margin nightlife / beach‑club revenue.

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Date	Acquirer	Target	Country	Sector
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05/2019	GOLDMAN SACHS	GROUPE B&B HOTELS	FRANCE	Hotels & Accommodation
04/2019	MTY FOOD GROUP	PAPA MURPHY'S	UNITED STATES	Restaurants / Chains
12/2018	SERRUYA PRIVATE EQUITY / LION CAPITAL	GLOBAL FRANCHISE GROUP	UNITED STATES	Restaurants / Chains
12/2018	INSPIRE BRANDS	SONIC DRIVE IN	UNITED STATES	Restaurants / Chains
12/2018	LVMH	BELMOND	UNITED STATES	Hotels & Accommodation
12/2018	DENTRESSANGLE	BIG MAMMA	FRANCE	Restaurants / Chains
11/2018	LAGARDERE TRAVEL RETAIL	HOJEIJ BRANDED FOODS	UNITED STATES	Restaurants / Chains
11/2018	DURATIONAL CAPITAL MANAGEMENT / THE JORDAN COMPANY TJC	BOJANGLES	UNITED STATES	Restaurants / Chains
09/2018	GO TO FOODS	JAMBA	UNITED STATES	Restaurants / Chains

REFERENCES

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GROUPE BAGATELLE by NEXTSTAGE / MI3 are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: groupe bagatelle

Acquirer: nextstage