Led by Salim Janmohamed OBE and Karim Janmohamed, Karali Group is multi-national business whose other interests include Marugame Udon UK and Taco Bell.
This summer, Partners Group, the Swiss private equity firm that acquired Côte out of administration in 2020, appointed Interpath Advisory to explore options for new investment.
“I am proud to have led the brilliant Côte team to a sale that is a huge positive for all involved,” says Emma Dinnis, CEO of Côte.
The sector continues to face challenges, but with the strength of our people and a clear vision, I’m confident we’ll ensure Côte remains everyone’s favourite brasserie. With a delicious new menu amplifying what we do best and exciting plans for the future, we will continue to transform and grow this brand.”
“Thank you to Partners Group for their support of the business over the past five years. Thank you also to our advisors, Ravi Patel and Will Wright at Interpath and Caroline Platt and Richard Tett at Freshfields and to our valued supplier and landlord partners. Most importantly, thank you to our team who have worked unbelievably hard, with amazing professionalism and kindness for each other.”
The French brasserie chain, which was founded inn 2007, operates around 70 restaurants in the UK.
Earlier this year, Karali Group acquired Marugame Udon UK, following its acquisition of Crosstown Doughnuts in a pre-pack administration sale last year. It also acquired 46 branches of Taco Bell in a pre-pack administration deal from Caskade Group last year.
“We have long admired the much-loved Côte Brasserie and are thrilled to welcome this fantastic brand into our growing portfolio,” say Karim and Salim Janmohamed.
“We are looking forward to working with both management and the broader team on the exciting plans for the brand and welcome them all individually to the Karali family. We extend our gratitude to our trusted advisors from Freeths and PKF Smith Cooper.”