BDA Partners (“BDA”) is pleased to announce that its client, Navis Capital Partners (“Navis”), has completed the sale of its dessert chain (“the Company”) to a restaurant group backed by an international financial sponsor.
BDA was the exclusive financial advisor to Navis on the transaction.
Based in Hong Kong, the Company has over 50 years of heritage known internationally for its signature healthy desserts. In the last few decades, the Company has grown from a single shop to becoming one of the largest restaurant chains in Greater China and Malaysia. Navis worked closely with management on operational improvements, marketing initiatives, senior hires, as well as building strategic store and central kitchen network throughout China, Hong Kong, Macau and Malaysia. Since Navis’ investment in 2007, the Company has doubled its revenue and opened over 200 outlets across the region.
Bruno Seghin, Senior Partner at Navis, said “This investment showcases how Navis and a management team can transform a strong local business to become a regional champion. With a clear strategic plan that was jointly developed, the team executed well with the support of Navis’ investment and operations professionals. This has resulted in a successful exit realization for Navis.”
Paul DiGiacomo, BDA Managing Director, said “We are pleased to have advised Navis on this transaction. We are confident the new partnership will be a huge success in the food and beverage space. This transaction showcases BDA’s expertise in the restaurant sector and demonstrates the depth of our ability to run global sell-side transactions for private equity clients.”
BDA Deal Team
Paul DiGiacomo, Managing Director
Karen Cheung, Director
Vincent Kan, Associate
Patrick Chin, Analyst
About Navis Capital Partners Limited
Founded in 1998, Navis focuses on private and public equity investments primarily in and around Southeast Asia. Navis contributes both capital and management expertise to a limited number of well-positioned companies with the objective of directing strategic, operational and financial improvements. Navis has one of the largest private equity professional teams in Asia, comprising over 60 individuals, supported by over 30 administrative staff, in eight offices across the region. www.naviscapital.com