Deal typePrivate Equity & Transaction Services
IndustryLeisure
Sub-industryRestaurants & Bars
Client namePizza Pilgrims Limited
BDO provided financial and tax vendor due diligence services to Pizza Pilgrims to support the investment from L'Osteria (a McWin-backed European casual dining business).
Founded in 2012, Pizza Pilgrims is a Neapolitan pizza restaurant group recognised for the quality of its pizzas. Pizza Pilgrims has expanded to operate 26 restaurants across the UK, with recent openings in Cardiff and Edinburgh and a strong pipeline of new sites opening in the near future.
The investment gives Pizza Pilgrims a platform to continue its recent strong performance as it looks to embark upon its next stage of growth, including international opportunities.
The BDO project team included:
Andy Harris, Toby Ankers, Shivani Kotecha, Grace Crowley, Adam Beck (Financial due diligence)
Neil Stockham, James Boyd and Rob Carty (Tax)
Founded in 2012, Pizza Pilgrims is a Neapolitan pizza restaurant group recognised for the quality of its pizzas. Pizza Pilgrims has expanded to operate 26 restaurants across the UK, with recent openings in Cardiff and Edinburgh and a strong pipeline of new sites opening in the near future.
The investment gives Pizza Pilgrims a platform to continue its recent strong performance as it looks to embark upon its next stage of growth, including international opportunities.
"BDO were delighted to assist the Pizza Pilgrims team by providing financial and tax due diligence to support investment into the business. The passion and ethos of management was clear to see and we look forward to seeing Pizza Pilgrim's growth journey continue."
Andy Harris, Partner, BDO LLP
The BDO project team included:
Andy Harris, Toby Ankers, Shivani Kotecha, Grace Crowley, Adam Beck (Financial due diligence)
Neil Stockham, James Boyd and Rob Carty (Tax)