Private Equity
The company had already secured an offer from private equity group Apollo. : Despite the existence of an existing ready-to-seal deal, the group behind renowned British restaurant chain PizzaExpress is contemplating a rival bid for Wagamama owner The Restaurant Group (TRG). This development comes just weeks after the private equity heavyweight Apollo Global Management made an offer to take TRG private. TRG confirmed it had received a request for due diligence information from Wheel Topco, the company behind PizzaExpress, earlier today. Currently, Wheel Topco is under the ownership of US debt funds including Cyrus Capital Partners and Bain Capital Credit.

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