Goodman Derrick advises Restaurant Group on the disposal of Living Ventures interest

Goodman Derrick’s corporate department has advised the Restaurant Group on the recently announced disposal of its interest in the Living Ventures Group, following the sale of the Gusto business to a new company backed by Palatine Private Equity and the LVG management.

The Restaurant Group operates more than 400 restaurants and pub restaurants. Principal brands are Frankie & Benny’s, Chiquito, Coast to Coast, Garfunkel’s, Home Counties Pub Restaurants and Brunning & Price.

The group also operates a concessions division that trades at more than 50 outlets primarily in UK airports.