CH&Co completes refinancing deal to aid ‘next stage of growth'

CH&Co has completed a refinancing deal with Equistone Partners that will aid continued strategic mergers and acquisitions.

Equistone has bought out a minority equity stake in the caterer from MML Capital Partners.

A spokesperson for CH&Co said: "We can confirm that CH&Co has now completed a refinancing deal with Equistone Partners Europe, which has replaced MML Capital Partners as our minority equity partner.

"CH&Co continues to be a majority management-owned company and it is very much business as usual with a focus on meeting and exceeding the needs of our clients and developing our team. CH&Co is looking forward to this next stage in our growth as we work with Equistone in the coming years."

Earlier this year CH&Co announced a management team restructure that it said would "get us ready for the next stage in our evolution".

The restructure saw Patrick Harbour, the co-founder of Harbour & Jones, which merged with CH&Co in 2017, take on responsibility for operations, with the group's four divisional managing directors reporting to him.

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