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Magellan acquires 10% of Guzman y Gomez

Restaurant chain Guzman y Gomez has been advised on a substantial investment by Magellan Financial Group.

user iconJerome Doraisamy 18 January 2021 Big Law
Guzman y Gomez
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Firm: Gilbert + Tobin (Guzman y Gomez).

Deal: Gilbert + Tobin has advised Guzman y Gomez on the acquisition by Magellan Financial Group of a 10 per cent stake in Guzman y Gomez for $86.8 million.

Value: $86.8 million.

Area: Corporate advisory.

Key players: The G+T team was led by partner Hiroshi Narushima, who was supported by lawyer Oliver Yee.

Deal significance: Speaking about the deal, Mr Narushima said: “Guzman y Gomez goes from strength to strength.

“The higher valuations reflect a scorecard of sorts which supports management’s strategy and recent key initiatives for this business, including the clean menu rollout. We look forward to continuing to support Guzman y Gomez for its next phase of growth.”

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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