GRUPO RESTAURACIÓN LATERAL acquired by BLUEGEM CAPITAL PARTNERS
Context
BlueGem Capital Partners acquired a majority stake in Lateral to facilitate the next phase of the group's national development. The transaction marked a transition from a founder-led business to a private equity-backed platform, specifically targeting the high-growth premium tapas segment in Spain. The strategic rationale focused on leveraging Lateral’s high brand awareness and proven unit economics to execute a nationwide roll-out. BlueGem's investment was designed to support the existing management team in scaling the concept beyond its Madrid stronghold into other major Spanish cities. By providing institutional capital and strategic oversight, BlueGem aimed to professionalize the group’s expansion strategy while preserving the artistic and lifestyle identity that defined the Lateral brand. Oaklins' team in Spain acted as the exclusive financial advisor to the sellers in this transaction.
GRUPO RESTAURACIÓN LATERAL, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).
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
Lateral is a high-profile Spanish restaurant group specializing in the premium "fast-casual" tapas segment. Founded in 1997, the brand has built a 20-year legacy as a lifestyle-oriented dining destination, blending traditional Spanish recipes with modern culinary innovations. In 2017, the group operated 7 restaurants, with 6 located in iconic high-traffic streets in Madrid and 1 in Barcelona. Lateral differentiates itself through a unique concept that integrates high-quality gastronomy with sophisticated interior design and an association with the arts. Its value proposition is centered on providing a "value-for-money" premium experience, utilizing top-tier products in a stylish, cosmopolitan atmosphere that appeals to a loyal urban customer base.
Ent. Value
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Equity Value
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Multiples
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
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REFERENCES
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Authors: verified 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: grupo restauración lateral
Acquirer: bluegem capital partners