YO! Sushi might be sold to one-year-old investment firm Mayfair Equity Partners for £100m.
According to Sky News, Mayfair might be teaming up with private equity firm Inflexion to buy the Japanese restaurant chain.
Other contenders to buy YO! Sushi include:
1. 3i
2. Morgan Stanley Private Equity
3. Mistral Equity Partners, a New York-based fund
YO! Sushi is the UK’s biggest Japanese restaurant Group. Launched in 1997, YO! Sushi has 70 sites in the UK and employs over 1,500 people. In 2008, YO! Sushi founder Simon Woodroffe sold the chain to private equity firm Quilvest in 2008 for £51m.
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