Dea Capital takes majority stake in Pizzerías Carlos

DeA Capital Alternative Funds, through its specialized food and beverage vehicle Taste of Italy 2, acquired a majority stake in the Spanish fast-casual restaurant chain, Pizzerías Carlos. This strategic investment is designed to provide the capital and support necessary to accelerate the company's ambitious expansion plans across the Iberian Peninsula, specifically targeting growth in Spain and Portugal. The transaction was reportedly initiated after the company's founders received multiple unsolicited offers, prompting them to engage financial advisors to explore strategic partnerships. The existing management team, led by co-founders Francesc Ros and Xavier Crespo, will continue to lead the company's day-to-day operations and strategy implementation. They will also retain a significant minority shareholding, ensuring continuity and alignment of interests. The deal represents a significant vote of confidence in Pizzerías Carlos's business model, which has demonstrated robust growth and resilience, particularly its highly effective in-house delivery service that proved successful during challenging market conditions. The acquisition marks the second Spanish investment for the Taste of Italy 2 fund, underscoring its focus on high-potential companies within the region's food and beverage sector. Financial backing for the future business plan is also being provided by Tresmares Capital.