13 Nov '12, 8am

Everstone offers to buyout Singapore-listed restaurant firm Harry's Holdings for $17.8M | VCCircle #vccircle

Everstone Capital along with Verlinvest has offered to buyout Singapore exchange listed Harry's Holdings Ltd for up to S$21.85 million (Rs 98 crore or $17.85 million). The Harry’s Group owns and operates a chain of premium lifestyle bars under the brand name Harry’s and also owns and operates various themed restaurants cum bars under the names Mirchi – Taste of India, Marrakesh Moroccan Lounge & Bar and The Rupee Room. The Harry’s Group is also licensed as franchisee to operate one O’Brien’s sandwich bar in Singapore, operates a boutique hotel The Club by Harry’s Hospitality in Singapore and also provides catering services for corporate functions, social events and large-scale external events. It also owns and operates centres providing interactive play and music programmes to children in Singapore and Malaysia, as a franchisee of the Gymboree Play Programs Inc. Everstone ...

Full article: http://www.vccircle.com/news/2012/11/13/everstone-offers-...

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