Jackson & Rye is an East Coast American-style concept restaurant with three sites in London (Soho, Richmond and Chiswick). Limeyard is a casual all-day American restaurant with a single site in Ealing, West London.
Alex Scrimgeour, the chief executive of Côte, told the Evening Standard that the business sees an opportunity to develop and expand the Jackson & Rye and Limeyard brands further.
Richard Caring was an original backer of the restaurant chain Côte, and sold a majority stake in that business to CBPE three years ago for circa £100 million. The Côte business was subsequently acquired by BC Partners in 2015 for circa £250 million.
The Trowers & Hamlins team advised two holding company sellers on sale of Jackson & Rye and Limeyard and included partners Julien Allen, Nick Harrisingh and Ian Dobinson and solicitor Laura Harradine-Greene.
Trowers & Hamlins recently advised Richard Caring on the acquisition of 4-6 Berkeley Square, W1, which is now home to Sexy Fish, described by GQ magazine as London's biggest restaurant launch of 2015.
Trowers & Hamlins' dedicated Hotel & Leisure group acts for owners, operators, developers, funders, contractors, consultants and specialist suppliers for a wide range of assets and businesses including hotels, health and fitness centres, golf courses, cinemas, spa facilities, bars and restaurants.
