Hazlewoods Corporate Finance team advise on the acquisition of Coal Grill & Bar chain

Published: Friday 18 May 2018

Hazlewoods Corporate Finance team, led by Paul Fussell, is pleased to announce that they have recently advised on the acquisition of Charterhouse Leisure Limited, trading as Coal Grill & Bar, by Sunshine Capital Limited.

The company operates nine high volume, casual dining restaurants in Basingstoke, Bristol, Bristol Waterside, Exeter, Meadowhall, Milton Keynes, Gloucester Quays, Telford, and Swindon.

Sumit Chadha, CEO of Sunshine Capital said “We are delighted to have secured the successful acquisition of Charterhouse Leisure and believe that under our stewardship, the company is well positioned to strengthen its performance, build new restaurant destinations and provide great development opportunities for the team.”

Hazlewoods provided financial and tax due diligence services.

Paul Fussell, Partner at Hazlewoods, said: “We are delighted to have advised Sumit on the acquisition and wish him and the team every success for the future.”