NAXICAP PARTNERS invests in SUSHI SHOP GROUP
Context
Sushi Shop, a French restaurant chain specializing in Japanese takeaway and delivery cuisine, has completed a €25 million growth capital transaction with Naxicap Partners joining as a minority investor. The deal primarily involves a capital increase, supplemented by a share buyback from the founding management team. The funds provided by the investor will support Sushi Shop's expansion strategy, including strengthening its presence in France, particularly outside major metropolitan areas, and expanding its network in existing European markets such as Belgium, Luxembourg, Italy, and Spain. The goal is also to accelerate expansion into new Western European markets through a phased rollout approach, combining company-owned store openings with the establishment of local master franchises. In parallel, a portion of the financial resources will be allocated to enhancing the group's operational capabilities to support this growth, including procurement, logistics, and concept standardization. The transaction enables Sushi Shop to secure the necessary financial resources to pursue its international expansion while consolidating its position in the rapidly growing premium fast-food market, driven by trends in mobile consumption and the rising importance of delivery channels.
SUSHI SHOP GROUP, which reported an EBITDA margin of in 2010, 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).
-> Deep-dive in Retail & Consumer market trends
Target
Sushi Shop Group is a European fast-casual restaurant chain specializing in Japanese cuisine, with a primary focus on sushi, maki, and related products. The brand positions itself in the premium segment of the fast-casual market, offering a range of products and services adapted to urban lifestyles and modern consumption habits, including delivery and take-out options. The company's business model is built around a network of integrated and franchised restaurants, with a strong presence in Europe and a growing international footprint. The majority of its operations are concentrated in major urban areas, with a focus on convenience, digital ordering, and optimized delivery, which drives the bulk of its revenue. Sushi Shop relies on a strong brand identity, developed from its Parisian roots, and a standardized approach to recipes and operational processes, enabling international expansion. The company benefits from a significant exposure to the growing trend of out-of-home consumption and the rise of food delivery platforms.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Other operations with SUSHI SHOP GROUP
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2018 | AMREST | SUSHI SHOP GROUP | FRANCE | 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 SUSHI SHOP GROUP by NAXICAP 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: sushi shop group
Acquirer: naxicap partners