Avanza Food, a multi-brand restaurant group in Spain, is entering a new stage alongside Grupo Galería, one of Mexico’s leading restaurant franchise operators.
Avanza Food traces its origins to Beer&Food, a restaurant group acquired in 2018 by funds managed by Abac Capital together with the company’s management team. In 2021, the company adopted the Avanza Food brand as its new corporate identity, reflecting its evolution into a multi-brand organized foodservice platform.
The company operates and supports a network of more than 400 establishments under leading brands such as Carl’s Jr. and Tony Roma’s, as well as other brands, including owned and franchised restaurants and licenses associated with Heineken Spain. Over recent years, the company has driven the transformation of its brand portfolio, strengthened its franchise model and consolidated its positioning as a multi-brand platform in the Spanish market.
Grupo Galería, a Mexican operator specialized in organized foodservice and the management of international franchises, will bring operational capabilities and sector expertise to Avanza Food to strengthen the development of its main brands in Spain. The group has experience in franchise models and in the management of international brands, including Carl’s Jr., IHOP, Buffalo Wild Wings and Dunkin’, which will support the evolution of the business in a new phase of growth and consolidation.
Abac thus completes its stage as shareholder of Avanza Food and wishes the company’s team and Grupo Galería every success in this new phase.
About Abac Solutions
Abac Capital is a private equity fund manager backed by institutional investors from Europe, the United States and the Asia-Pacific region, investing in Spanish mid-sized companies with international potential. The Abac team has more than 100 years of private equity experience, with a track record across a wide range of sectors, countries, development stages and equity and debt-like instruments. Abac Capital is a certified B Corp, reflecting its commitment to sustainability.
The current portfolio includes Motocard, the Spanish leader in the distribution of motorbike equipment and accessories; Grupo Agroponiente, a leading agricultural company in Southern Europe; Iberfrasa, a leading Spanish manufacturer of personal care and household cleaning products; Kitchen Bath Ventures, a company dedicated to the design and manufacture of kitchen furniture; Intermas, a manufacturer of high-performance technical materials for a broad range of end products; BTSA, a developer and manufacturer of natural ingredients focused on antioxidants and vitamin E; Grupo de Incendios, a manufacturer and distributor of active fire protection systems; and Recalvi, a leading distributor of automotive spare parts. www.abaccapital.com
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