Sale of Las Iguanas to Casual Dining Group

Deal typeM&A

BDO acted as the sell-side advisers to Bowmark Capital on the sale of Las Iguanas to Casual Dining Group (‘CDG’).        

Las Iguanas is a high-quality Latin American restaurant group that operates in the UK casual dining market. Following several years of strong Bowmark-backed growth, increasing the number of sites from 14 to 41, Las Iguanas was sold to CDG, the owner of the Bella Italia and Café Rouge brands. In CDG, Las Iguanas has found a partner that will continue to support and accelerate the rate of site openings.      

“Bowmark appointed BDO as its adviser for the sale of Las Iguanas, based on the team’s extensive sector experience and their relationships in the market. Throughout the process, we received superb advice and the team helped us achieve a fantastic exit. I would strongly recommend BDO and look forward to working with them again in the future.”           

Ron Pearson, Partner at Bowmark Capital