Latham Advises on Financing for Investor Consortium’s Acquisition of RBE
Latham & Watkins has advised the arrangers on the financing for an investor consortium led by Gregorio Jiménez, executive chairman and founder of Restaurant Brands Europe (RBE), to acquire Cinven’s stake in RBE. RBE is a leading European restaurant group, developing and operating the Burger King, Popeyes, and Tim Hortons brands.
The acquisition values RBE at more than €2.3 billion and represents one of the largest management buyouts in the Spanish market to-date.
The Latham team was led by London finance partner Jonathan Brownson, with associates Philipp Hagenbuch, Prasanth Ramaswamy, and Malaika Shivalkar. Advice on Spanish matters was provided by Madrid partner Fernando Colomina; and on tax matters by London partner Karl Mah and counsel Lina Le Roux.