The firm's Corporate Restructuring team advised Irish PE fund Causeway Capital Partners on its purchase of Patisserie Valerie, which has been bought out of administration.

Burges Salmon’s Corporate Restructuring and Insolvency team has advised private equity firm Causeway Capital Partners on its acquisition of Patisserie Valerie, a UK café chain which went into administration in January 2019.

The deal, which seeks to preserve jobs and return value to the established brand across the UK and Northern Ireland, was completed in under two weeks from first round bids.

Dublin-headquartered PE firm Causeway Capital Partners specialises in UK and Irish SMEs, and already owns a number of businesses in the café sector including Bakers + Baristas.

The Burges Salmon team was led by Andrew Eaton, head of the firm’s Corporate Restructuring and Insolvency team

Andrew says: “We’re delighted to have helped Causeway Capital complete a transaction in challenging conditions. We wish them and management every success in returning growth to the business.”

Andrew was assisted by senior associate Emily Scaife and head of the firm's Real Estate Restructuring team, Colin Ligman.