Grant Thornton advises The Chesterford Group The Chesterford Group has acquired four Pret a Manger stores

January 2022
The Chesterford Group
Pret a Manger
Adviser to The Chesterford Group on their acquisition of four Pret a Manger stores
£undisclosed
Grant Thornton team
Food and beverage
Buy side
Corporate finance
UK

We are delighted to have advised The Chesterford Group on their acquisition of four Pret a Manger stores.

The Chesterford Group operates a fast growing chain of multi-branded fish and chip takeaways, restaurants & virtual kitchen brands throughout the South, South East & South West of the UK.

The company is based in Bishop’s Stortford. The Chesterford Group currently operates over 40 branded fish and chip shops and a host of virtual kitchen brands, serving over 3 million meals a year.

Pret a Manger (“Pret”) is a UK based international sandwich shop chain, which was founded in 1983. Pret currently has over 460 shops in the UK.

The Chesterford Group was identified by Pret as a franchise launch partner and asked to submit an offer to acquire and franchise four Pret stores across the East of England.

We supported the Chesterford Group in this successful proposal. Our team provided support in the feasibility of the acquisition target, a review of underlying earnings, and input in to strategic negotiations, resulting in a great outcome for The Chesterford Group, as it looks to drive future growth.

Testimonial

Doug, Tom and Martyn were invaluable partners through this acquisition. They were always there for us throughout the entire journey and helped deliver a fantastic outcome. We are delighted with the final result as we now look to grow The Chesterford Group and the Pret brand across the East of England. I would not hesitate to recommend them to anyone looking for a financial advisor.

James Lipscombe CEO, The Chesterford Group

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