L Catterton in talks for minority stake in Bengaluru's Nandhana Palace at ₹2,000 cr valuation
Our read
L Catterton's minority play validates that regional F&B brands with tight P&Ls are now strategic targets, opening a window for similar chains to test investor appetite at premium valuations.
The report,
L Catterton is in talks to acquire a minority stake in Bengaluru-based Andhra-cuisine chain Nandhana Palace, earlier valued at ₹2,000 crore, amid surging PE interest in Indian restaurant and QSR chains.
Reported figures
From the report. Source details below
- ₹316.1 crore FY25 revenue
- $80 billion food services market
Other figures
- 27 outlets
- ₹28.2 crore FY25 profit
- $40 billion AUM
- 10-11% CAGR
The source
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