Deal typeTransaction Services
IndustryManufacturing
Sub-industryFood and drink
BDO provided vendor due-diligence assistance to Renatus capital partners on the sale of their portfolio company Boojum to Azzuri Group.
Boojum is a Mexican-themed fast-casual restaurant chain that operates from 14 sites in the Republic of Ireland and Northern Ireland. Boojum first opened in Belfast in 2007. In 2015, Renatus partnered with brothers David and Andrew Maxwell to acquire the business when there were 5 locations in total. Today, Boojum employs over 300 staff across the island of Ireland. In FY Apr 22, the business reported turnover of c. €27.1m.
The Azzurri Group is one of the UK’s largest and most successful casual dining businesses. Azzurri operate two leading national Italian brands, Zizzi and ASK Italian, and the UK’s leading quick-service Italian, Coco di Mama.
The team advising on the deal was led by Rory O'Keeffe.
Boojum is a Mexican-themed fast-casual restaurant chain that operates from 14 sites in the Republic of Ireland and Northern Ireland. Boojum first opened in Belfast in 2007. In 2015, Renatus partnered with brothers David and Andrew Maxwell to acquire the business when there were 5 locations in total. Today, Boojum employs over 300 staff across the island of Ireland. In FY Apr 22, the business reported turnover of c. €27.1m.
The Azzurri Group is one of the UK’s largest and most successful casual dining businesses. Azzurri operate two leading national Italian brands, Zizzi and ASK Italian, and the UK’s leading quick-service Italian, Coco di Mama.
The team advising on the deal was led by Rory O'Keeffe.