Cote restaurant Wimbledon
CBPE Capital (“CBPE”) is very happy to announce its investment in Côte Restaurants (“Côte”), the award winning restaurant group.
Côte ended up being established by a small grouping of experienced restaurateurs, who opened the initial restaurant in Wimbledon, the west London in 2007. Côte ended up being established regarding concept of providing quick, freshly ready French food at affordability rates, an ethos which stays these days. Ever since then Harald Samuelsson and Alex Scrimgeour, along with their particular administration staff, have established Côte as one of the fastest developing, interesting and a lot of innovative companies in the united kingdom restaurant market.
CBPE is backing the present administration staff, led by Harald and Alex, to continue to develop business while maintaining its commitment to supplying high-quality meals at a reasonable price.
The Côte administration group and creators are going to be re-investing in the commercial alongside CBPE. Nick Fiddler, among Côte’s founders, will also be joining the Board as a Non-Executive Director.
The investment was co-led for CBPE by Ian Moore and Sean Dinnen. CBPE has a solid history of purchasing the leisure sector. Previous investments include Park Resorts, one of many UK’s leading caravan park providers, which CBPE exited in 2007 and which expanded considerably under CBPE ownership. Various other present investments when you look at the leisure sector are the first Bowling Company, the UK’s leading tenpin bowling business.
Alex Scrimgeour, Joint Managing Director of Côte, commented: “We are actually happy with what we have actually achieved at Côte since opening the initial restaurant in 2007 and I also believe that in CBPE we have discovered just the right companion to help us develop the business more. Côte was successful because you can expect a fantastic eating dinner out knowledge; we supply quality products and we also will always striving to have dishes perfect, while keeping costs reasonable for our consumers. CBPE understand this commitment and we look ahead to using all of them as Côte consistently expand and evolve.”
Ian Moore, Partner at CBPE, said: “We have understood the Côte group for several many years and then we are delighted becoming causeing this to be investment. Harald, Alex and the remaining portion of the administration staff have actually an uncompromising commitment to high quality and an established track record of growing successful restaurant businesses. We are anticipating dealing with them to facilitate Côte’s measured development programs on the coming years.”