Food Service Project, S.L. announced that it has received funding from Alia Capital Partners, S.L., Alsea, S.A.B. de C.V., Bain Capital Credit, LP
October 30, 2021
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Food Service Project, S.L. announced that it has received investment in an equity round of funding on October 1, 2021. The transaction included participation from returning investors, Alia Capital Partners, S.L., Alsea, S.A.B. de C.V. for €55.4 million for additional 10.6% stake, and new investor, Bain Capital Credit, LP for €55.4 million for 10.5% stake. The stake of Alsea, S.A.B. de C.V. will increase from 66.2% to 76.8% post closing of the transaction.
Alsea SAB de CV is a Mexico-based company primarily engaged in the foodservice sector. Its main activities include the operation of such reputed franchises as the Dominoâs Pizza, Burger King, California Pizza Kitchen, Chiliâs Grill & Bar, Italianniâs, Pei Wei Asian Diner and PF Changâs China Bistro fast-food restaurant chains, as well as the Starbucks Coffee coffeehouse chain. In addition, through Distribuidora e Importadora Alsea SA de CV, the Company provides logistics and food distribution services to its restaurants located in Mexico. The Company operates through a numerous subsidiaries, such as Cafe Sirena S de RL de CV, Operadora de Franquicias Alsea SA de CV, Operadora y Procesadora de Productos de Panificacion SA de CV, Gastrosur SA de CV and Especialistas en Restaurantes de Comida Estilo Asiatica SA de CV, among others. In May 2014, the Company acquired 100% stake in VIPs, the restaurant chain, which had belonged to Wal Mart de Mexico SAB de CV before.
ALSEA, S.A.B. DE C.V. 
