Mayer Brown advises TriSpan on acquisition of Flat Iron Restaurants

London  – Mayer Brown has advised TriSpan, a global private equity firm, alongside its co-investment partner McWin Capital Partners, on the acquisition of the entire issued share capital of FI Holdings Limited (“Flat Iron”), a popular steak restaurant chain with multiple restaurants across the UK. The transaction was financed through a combination of equity funding provided by TriSpan and McWin and senior debt financing.

TriSpan’s investment was made through TriSpan’s dedicated restaurant programme, Rising Stars. The deal is TriSpan’s twelfth restaurant investment globally, and its fifth in the UK, following previous UK investments in Pho, Rosa’s Thai Café, Mowgli and Thunderbird Fried Chicken. Terms of the transaction were not disclosed. 

The team was led by Private Equity partner Paul Rosen and senior associate Giles Clifford.