Beringea UK realises investment in ‘Coal Grill & Bar’
May 23rd 2018
(London, UK) Beringea has announced the sale of its investment in Charterhouse Leisure Ltd, which trades as ‘Coal Grill & Bar’, as part of an acquisition of 100 per cent of the shares in the company by Sunshine Capital Ltd.
Beringea originally invested in 2007, through its ProVen VCTs.
Stuart Veale, Managing Partner at Beringea said “We have been very supportive of the business for over ten years. We believe this is the right time for us to exit and for the company to be under new ownership. We wish it every success in the future.”
‘Coal Grill & Bar’ operates nine high-volume casual dining restaurants in Basingstoke, Bristol, Bristol Waterside, Exeter, Meadowhall, Milton Keynes, Gloucester Quays, Telford and Swindon.