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Magellan acquires 10% of Guzman y Gomez

Restaurant chain Guzman y Gomez has been advised on a substantial investment by Magellan Financial Group.

January 18, 2021 • By Jerome Doraisamy
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Firm: Gilbert + Tobin (Guzman y Gomez).

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Deal: Gilbert + Tobin has advised Guzman y Gomez on the acquisition by Magellan Financial Group of a 10 per cent stake in Guzman y Gomez for $86.8 million.

 
 

Value: $86.8 million.

Area: Corporate advisory.

Key players: The G+T team was led by partner Hiroshi Narushima, who was supported by lawyer Oliver Yee.

Deal significance: Speaking about the deal, Mr Narushima 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.”

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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