Bluegem Capital Partners takes majority stake in Grupo Restauración Lateral
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 [members only] in 2017, is valued in this transaction at an EV/EBITDA multiple of [members only].
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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
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Bluegem Capital Partners
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2022 | BLUEGEM CAPITAL PARTNERS | FOODBOX | SPAIN | Restaurants / Chains |
| 05/2017 | BLUEGEM CAPITAL PARTNERS | BIG FERNAND | FRANCE | Restaurants / Chains |
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REFERENCES
Revenue range: REV 1m EUR - 100m EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Grupo Restauración Lateral by Bluegem Capital Partners 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.
Target: grupo restauración lateral
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