Clearwater has advised hamburger chain, Bastard Burgers, on its sale to Equip Capital.
Bastard Burgers is Sweden’s fastest growing hamburger chain with 30 restaurants nationwide. The company was founded in 2016 and has experienced exceptional growth since the first restaurant opened in Luleå. Their burgers are highly rated by critics and their objective is to fill the gap in the market between fast food and fine dining.
Equip Capital acquired a majority stake in the company. The previous owners, which consisted predominantly of the company’s management, will remain and continue to develop the business together with Equip.
Transaction
Clearwater advises Bastard Burgers on its sale to Equip
Transaction
Bastard Burgers sold to Equip Capital
Sell-side
Undisclosed
Role
Adviser to Bastard Burgers on its sale to Equip Capital
Sector
Consumer
Food & Beverage
Region
Sweden
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