Miura Private Equity Acquires a Majority Stake in Spanish Restaurant Group

– The founders of Grupo Tragaluz-En Compañía de Lobos have reached an agreement with Miura Private Equity, which has acquired a majority stake in the business with the aim of boosting its growth.

The transaction includes the restaurants in Barcelona (acknowledged Tragaluz, Cuines de Santa Caterina, Gallito, Pez Vela, The Green Spot and Negro Rojo); in Madrid (Bar Tomate and Luzi Bombón, among others); and one (Spot) in Mallorca. The restaurants Tragamar, Acontraluz and Mordisco are not included in the transaction.

With a track record of more than 30 years in the industry, Grupo Tragaluz-En Compañía de Lobos is one of the most prestigious restaurant groups in Spain thanks to its quality cuisine, design and unique locations. Tomás Tarruella —co-founder and main driver of this successful project alongside his mother, Rosa María Esteva— will continue to lead the management team in this new phase. Tomás Tarruella states: “we are very excited to count on Miura’s support for this new phase. This partnership will help us to continue growing and consolidating our position in the sector. We will strengthen our presence in other cities and we are equally committed to provide a seamless quality and care to our customers.

Rosa María Esteva, a restaurateur of renowned prestige highly admired in the sector, will be no longer part of the group and will focus on the expansion of Mordisco, which was the first restaurant opened by the group in 1987. Today, Mordisco operates two establishments: one in Passatge de la Concepció, in Barcelona, and another one that has recently opened in La Roca Village. Neither of these two restaurants are included within the transaction perimeter. Rosa María Esteva comments: “we began our adventure in the business with the opening of Mordisco and it clearly defined the personality of the group. It holds a really special place in my heart, and I am very excited about the recent inauguration at La Roca Village.

The Esteva-Tarruella family marked a turning point in the Spanish restaurant sector with a ground-breaking model that set a trend and continues to be a national standard. Rosa María Esteva and Tomás Tarruella led this project alongside other members of the family. Sandra Tarruella was the designer of the spaces and interiors that have defined the distinctive personality of the group’s establishments and will be involved in future projects of the company’s expansion. Raquel Tarruella is the owner of the iconic restaurant Tragamar in Calella de Palafrugell, and Carla Tarruella owns Acontraluz in Barcelona. Both restaurants were already independent of Grupo Tragaluz and are not included in the deal.

The transaction was intermediated by Arcano, Baker McKenzie and Deloitte on behalf of Miura, while Next Corporate, Arraut & Asociados and Baker McKenzie advised the shareholders of Grupo Tragaluz-En Compañía de Lobos.

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