Compass Group Acquires CH&CO from Equistone
January 22, 2024
Compass Group PLC has agreed to acquire CH&CO, a UK & Ireland premium contract catering and hospitality services provider, for an initial enterprise value of £475 million plus an earn-out. The transaction, subject to regulatory approval, buys CH&CO from private equity owner Equistone and expands Compass's capabilities and footprint in the UK and Ireland; CH&CO generates c. £450m revenue and employs over 10,000 people.
- Buyers
- Compass Group PLC, Compass Group UK & Ireland
- Targets
- CH&CO
- Sellers
- Equistone Partners Europe
- Industry
- Restaurants & Hospitality
- Location
- Berkshire, United Kingdom
- Transaction Type
- Buyout
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