• Groupe Bertrand was founded in 1994 and is one of the leading independent restaurant groups in France, employing some 1,300 people in 2011. Its business is divided between operating and franchising in various segments of the catering market, including festive catering (Paris-based restaurants including La Gare and Brasserie Lipp), fast food (Eris cafeterias, Quick franchised restaurants, Viagio, Angelina tea rooms), sandwich cafés (Bert’s) and concession catering (Printemps Haussman).

• CEO: Olivier Bertrand
• http://www.groupe-bertrand.com
• Nature of the deal: LBO
• Date of initial investment: May 2006

• Groupe Bertrand has an experienced and committed management team and in just a few years has become a reference in its sector. Following an initial equity transaction in 2006, in which Capzanine provided L Capital and the management mezzanine financing, Olivier Bertrand decided to complete a secondary MBO in early 2012, enabling Naxicap Partners to take over from L Capital. Capzanine renewsits confidence in the group’s management team, who remains the majority equity holder, by contributing to the mezzanine financing for this new deal.
With this new organization and fresh support, Groupe Bertrand intends to pursue its vigorous acquisitions and growth policy in the traditional catering sector and accelerate its international expansion by working on the development of all brands in Asia, the Middle East and South America.