Photobox Group
Personalised products and gifts

Current investments

TGI Fridays
American-styled restaurant chain

TGI Fridays

In December 2014, Epiris agreed the acquisition of the UK franchise of TGI Fridays, the American-styled restaurant chain. Funds under the management of Epiris invested £99 million of equity in the deal alongside TGI Fridays' management team, led by Karen Forrester.

Business
TGI Fridays is an authentic American casual restaurant chain offering a fun and lively dining experience for both young adults and families alike. The group has 76 UK restaurants, operating from a range of locations, including city centres, shopping centres and leisure parks. TGI Fridays restaurants focus on engagement with guests and pride themselves on creating a memorable experience thanks to their energetic and enthusiastic team and lively atmosphere.

Rationale
TGI Fridays is an attractive, differentiated business with an impressive financial track record and an excellent management team. The restaurants best-in-class service, unique bars and exciting dining environments create a unique guest experience with a wide demographic appeal.

Strategy
We will work with management to expand the business further through a mixture of organic growth and new restaurant openings, while at the same time continuing to improve the existing sites. The enthusiasm of the TGI Fridays' team members will be the key to this and they will remain at the centre of its offering.

Status

Active

Activity

American-styled restaurant chain

Sector

Consumer

Transaction type

Buyout

Initial investment

Dec 2014

Location:

UK

Website:

www.tgifridays.co.uk

76

uk restaurants
© Epiris. Legal Notice. Issued by Epiris Managers LLP.
Authorised and regulated by the Financial Conduct Authority
UK Stewardship Code Designed and built by Excite Communications
Epiris Managers LLP
Paternoster House
65 St Paul's Churchyard
London
EC4M 8AB

t +44 20 7214 4200
f +44 20 7214 4201
Email