TriSpan Rising Stars Acquires Majority Stake in Pho
August 2, 2021
TriSpan's Rising Stars restaurant fund has acquired a significant majority stake in Pho, the UK-based Vietnamese casual dining group that operates 30 restaurants and 3 cloud kitchens. The founders and management retain meaningful ownership and the business will be led by Patrick Marrinan as Managing Director with TriSpan supporting a UK and international growth plan; terms were not disclosed.
- Buyers
- TriSpan LLP, TriSpan Rising Stars (TriSpan's dedicated restaurant fund)
- Targets
- Pho
- Sellers
- Gresham House
- Industry
- Restaurants & Hospitality
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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