RCapital calls on Salans in bid to turn around Little Chef fortunes
Salans has scooped the lead role advising turnaround expert RCapital on the rescue of struggling UK roadside restaurant chain Little Chef. Private equity house RCapital brokered a last-minute deal on Wednesday 3 January to acquire 194 of Little Chef’s restaurants from People’s Restaurant Group for an estimated £10m. The deal followed shortly after PricewaterhouseCoopers (PwC) […]