Patisserie Holdings is the UK's largest patisserie cafe chain with 70 sites nationwide. The company operates three brands - Patisserie Valerie, Druckers Vienna Patisserie and Baker & Spice.

Risk Capital Partners backed the acquisition of Patisserie Valerie in 2006. At the time it had eight sites in Central London. The company subsequently acquired Druckers Vienna Patisserie in 2007 and Baker & Spice in 2009.

Why we invested:

• Patisserie Valerie is a well established brand with strong customer loyalty
• Opportunity for a national chain of café bakeries
• Build Patisserie Valerie to be the market leading patisserie brand

How we helped:

• Identified the opportunity to roll the business out nationally
• Sourced and recruited the management team
• Site selection and negotiation for onging roll-out
• Identification and integration of two bolt-on acquisitions
• Arranging debt and equity funding of acquisitions