Irwin Mitchell advises Risk Capital Partners on acquisition of Wahaca

Irwin Mitchell's Corporate team has advised Risk Capital Partners on its acquisition of leading Mexican restaurant chain Wahaca.

The deal sees Risk Capital Partners, the investment vehicle of entrepreneur and hospitality investor Luke Johnson, acquire the business as it enters its next phase of growth and expansion.

Founded in 2007 by Thomasina Miers and Mark Selby, Wahaca has grown into one of the UK's best-known restaurant brands, operating 14 sites nationwide.

Irwin Mitchell advised Risk Capital Partners throughout the transaction, with the team led by Corporate partner Adam Kaucher, supported by Alex Kyrychenko and Claudia Cho from our corporate team, real estate partner Sarah Swann and finance partner James Szerdy.

Adam Kaucher said:

"Wahaca is a highly recognisable and well-loved brand with a strong management team, a distinctive market position and clear growth ambitions. This transaction reflects the continued appetite among investors for quality businesses that have demonstrated resilience and have a compelling expansion story."

 

"It was a pleasure to support Risk Capital Partners on this acquisition and we look forward to seeing the business continue to build on its recent momentum under its new ownership."

Gemma Glasson Wahaca CEO, said:

“I’m genuinely excited to be working with Luke and the Risk Capital team. He understands hospitality better than almost anyone in the UK, and having that experience and drive behind us as we continue to grow is exactly what this business needs right now.”

Luke Johnson added:

“Wahaca is a brand I’ve long admired – brilliant food, real culture, and a team that’s clearly hit its stride. I’m looking forward to working closely with Gemma and the team to build on the momentum they’ve created.”