2018/03/29
BDA advises Unitas on sale of Gourmet Noodle House to GreenTree Inns
Gourmet Noodle House a portfolio company of
has been acquired by
2018
BDA Partners is pleased to announce that its client, Unitas Capital, has completed the sale of casual dining chain Gourmet Noodle House to GreenTree Inns Hotel Management, an international hotel owner and operator based in China. Financial terms were not disclosed.
BDA was the exclusive financial advisor to Unitas on the transaction.
Headquartered in Shanghai, Gourmet Noodle House has received widespread customer acclaim for its signature tasty noodle dishes and excellent value for money, served in a friendly and welcoming atmosphere. Gourmet Noodle House was founded in 2009, and grew from a single shop into one of the largest noodle restaurant chains in China. Its development accelerated rapidly following Unitas’ investment in 2013, after which Gourmet Noodle House more than tripled its revenue, and opened over 50 new outlets across .
"We’re pleased to have advised Unitas on this transaction. We’re confident that the business will thrive under its new ownership. This is the latest in a string of restaurant deals that BDA Partners has advised on. It again demonstrates our ability to deliver positive exits for sophisticated private equity clients."
About Unitas Capital
Unitas Capital was founded in 1999 and is among Asia’s most experienced private equity firms, with a focus on buyouts and growth equity investments into medium-to-large size market leading companies in the branded consumer, retail and industrial sectors. Headquartered in Hong Kong, Unitas has US$4bn capital under management and has executed over 30 investments with a total transaction value in excess of US$14bn. www.unitascapital.com
About BDA Partners
BDA Partners is a leader in cross-border investment banking involving Asia. BDA advises on M&A and capital raising. BDA has been consistently owned and managed by the same team since 1996. BDA has a track record of providing independent advice to blue-chip corporate and financial sponsor clients from North America, Europe, and Asia. BDA is headquartered in New York with offices in London, Dubai, Mumbai, Ho Chi Minh City, Singapore, Hong Kong, Shanghai, Seoul, and Tokyo. BDA was named Investment Bank of the Year 2017 by both The M&A Advisor and ACG New York. BDA formed partnerships with William Blair & Company in 2011 and Development Bank of Japan in 2017. www.bdapartners.com
US securities transactions are performed by BDA Partners’ affiliate, BDA Advisors Inc, a broker-dealer registered with the Securities and Exchange Commission (SEC). BDA Advisors Inc. is a member of the Financial Industry Regulatory Authority (FINRA) and SIPC. In the UK, BDA Partners is authorised and regulated by the Financial Conduct Authority (FCA). In Hong Kong, BDA Partners (HK) Ltd is licensed and regulated by the Securities & Futures Commission (SFC) to conduct Type 1 and Type 4 regulated activities to professional investors.
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