Travers Smith LLP has advised long-standing client Equistone Partners Europe (Equistone) on its investment in CH & Co Catering Group (CH&CO), a leading UK contract catering group, originally backed by MML Capital Partners. The financial terms of the deal are undisclosed.
CH&CO offers premium contract and hospitality catering services throughout the UK to a broad range of sectors including workplaces, tourist destinations, and education, healthcare and events venues. CH&CO's client portfolio includes some of the UK's leading companies, charities and organisations and has held a Royal Warrant for the provision of catering services to HM Queen since 2013.
The Travers Smith team was led by Private Equity & Financial Sponsors Partners James Renahan and Genevieve Marten, who were supported by Senior Associate Katie McGarry and Associates Rachel Taggart, Eve Dwyer and Oliver Murphy. Specialist advice was provided by Tax Partner Russell Warren and Finance Partner Andrew Gregson supported by Finance Associate Taggio Price.
Equistone was also advised by Houlihan Lokey (corporate finance), PricewaterhouseCoopers (tax structuring) and Marlborough Partners (debt advisory).