Sidley advised TowerBrook Capital Partners on its acquisition of the Azzurri Group, the owner of the ASK Italian, Zizzi, and Coco di Mama brands, along with the Pod Food Limited fast food delivery service. The assets and business of the group were acquired through a pre-pack administration sale, following a competitive bid process. This investment will help support Azzurri’s recovery from the COVID-19 crisis and has secured the future of approximately 225 restaurants and shops, protecting approximately 5,000 employees. Azzurri was previously owned by Bridgepoint Capital.
Sidley’s team was led by London partners Mark Knight (Restructuring), Jifree Cader (Restructuring), Michelle Tong (Private Equity), Bryan Robson (Global Finance), and James Crooks (Global Finance). The team also included partners Oliver Currall (Tax), Patrick J. Harrison (Antitrust/Competition), and Susan Fanning (Labor, Employment and Immigration); counsel Jade Williams-Adedeji (Real Estate) and Helen Middleton (Technology and IP); senior associates Gordon Davidson (Restructuring), William Gwyn (Global Finance), and Peter McCorkell (Labor, Employment and Immigration); and associates Luke Mason (Restructuring), Joshua T. Oeij (Restructuring), Cyril Cutinha (Restructuring), Chris Buck (Private Equity), Saya Sharma (Private Equity), Alex Lindsay (Private Equity), Laurence Wilcock (Tax), Jack Mayall (Real Estate), Nils Gravenhorst (Global Finance), Chris Morgan (Labor, Employment and Immigration), and Ellen Thomson (Antitrust/Competition).