The sale of Wahaca to Risk Capital Partners
Founded in 2007, Wahaca is the UK’s largest Mexican premium-casual dining brand with 14 sites. At Wahaca all food is made fresh at each site with high quality ingredients and this is reflected in Wahaca's impressive Google review scores of 4.5/5 across its estate. Wahaca has also been recognised as a leader in sustainability with more than half of its menu meat-free.
Led by CEO Gemma Glasson, Wahaca prides itself on its wide customer base and an ability to serve for all occasion types. Wahaca has a 60:40 female to male gender split, with a dry to wet sales ratio of 70:30.
The BDO M&A Leisure team successfully advised on the sale of Wahaca, which was acquired by Luke Johnson's Risk Capital Partners.
In seeking out an M&A advisor we looked for someone with deep sector and deal expertise, openness to challenge, 'out of the box' thinking and a strong belief in our business. The Team did a great job guiding us through the many turns that come with an M&A process, providing strong communication, guidance at critical moments and ultimately led us to a great outcome through their network.
Huge thanks to Harry, Tom, Rhys and Alfie.
Gemma Glasson - CEO, Wahaca
Names of the project team:
- Harry Stoakes
- Tom Urquhart
- Rhys Bowen
- Alfie Fordham