Megafood is one of the leading Burger King franchise operators. It owns more than 30 restaurants located in Madrid, Segovia, Cadiz, Seville, Malaga, The Canary Islands and Ceuta.
The Company has an ambitious expansion plan in the South of Spain for the period 2014 – 2018.
Capital increase of €6M in September 2014 to fund the company’s expansion plan in co-investment with existing shareholders
Growth potential with an ambitious plan to open new restaurants in the coming years, planning to more than double, in 3 years, the number of restaurants it currently has.
Consolidation of the business through the operation of the 30 existing restaurants.
DIANA VALUE-ADD AND DIVESTMENT
Financing, through a capital increase, and execution of the Expansion Plan agreed with Burger King, going from, in approximately three years, 30 to 80 restaurants, from 30 to 95 million euros in turnover and from 800 to more than 2,000 employees.
Improved corporate governance and upgraded internal control and information systems.
The divestment in July 2018 generated an IRR of 21% and a multiple of 1.9x of the invested capital.