YO! Acquired by Mayfair
YO! Acquired by Mayfair
Transaction
Overview
Spayne Lindsay & Co. advises on the acquisition of YO! Sushi by Mayfair Equity Partners.
Spayne Lindsay is delighted to announce that it has advised Mayfair Equity Partners (“Mayfair”) on the acquisition of YO! Sushi, the leading Japanese fast-casual dining concept, valuing the business for £81 million.
YO! Sushi operates 75 owned restaurants in the UK, five owned restaurants in the US, and has 13 franchise sites in the Middle East and Europe. The business, which has a turnover of approximately £85 million, offers a differentiated proposition consisting of its unique ‘kaiten’ conveyor belt system with a theatre-style kitchen.
Since its inception in 1997, the business has evolved from a niche concept into one of the most recognisable brands in the UK. Mayfair’s investment will provide additional capital to support YO! Sushi’s plans for ongoing site roll-out in the UK and internationally, including the continued development of the concept in the US market.
“Spayne Lindsay worked closely with Mayfair throughout the transaction, utilizing their extensive knowledge of the restaurant sector to provide advice on all aspects of the deal. We were delighted with their support and look forward to continuing our relationship on other opportunities in the future”