CVC Capital Partners Completes an Investment in Restaurant Chain South Beauty (Asia)
Source: CVC Capital Partners
Private equity and investment advisory firm CVC Capital Partners has completed an investment in China-based restaurant chain South Beauty Investment Company. After obtaining approval from relevant regulatory authorities, CVC is now the major shareholder of the company. CVC’s investment will help South Beauty drive greater economies of scale and increase operational efficiency, supporting management in areas such as upgrading their business model and menu optimization. Financial details of the transaction were not disclosed.