Gilbert + Tobin has advised Guzman y Gomez on the acquisition by Magellan Financial Group of a 10% stake in Guzman y Gomez for $86.8 million.
Guzman y Gomez is an Australian based quick service restaurant chain specialising in made to order, clean, authentic and fresh Mexican food, with 147 restaurants across Australia, Singapore, Japan and the U.S.
The G+T team was led by Corporate Advisory partner Hiroshi Narushima with support from lawyer Oliver Yee who advised Guzman y Gomez on the investment by Magellan Financial Group (Australia’s largest specialist fund manager) on its acquisition of a 10% interest in Guzman y Gomez for $86.8 million. G+T also advised Guzman y Gomez on the separate investment in the business by Athletic Ventures, an investment group representing Australian athletes.
Hiroshi said “Guzman y Gomez goes from strength to strength. The higher valuations reflect a scorecard of sorts which supports management’s strategy and recent key initiatives for this business, including the clean menu rollout. We look forward to continuing to support Guzman y Gomez for its next phase of growth.”
Gilbert + Tobin’s market-leading M&A/Corporate Advisory team regularly advises on many of Australia’s largest and most innovative transactions, including recently advising Adamantem Capital on its acquisition of Spotless Laundries, KKR on the proposed acquisition of a 55% interest in Colonial First State (CFS) and establishment of a joint venture with Commonwealth Bank of Australia, with the transaction valuing CFS at $3.4 billion, Pacific Equity Partners on sale of Allied Pinnacle to Nisshin Seifun Group and Anheuser-Busch InBev on the $16 billion sale of Carlton & United Breweries to Asahi Group