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Nexxus Capital acquires IRCC from International Meal Company Alimentação

Nexxus Capital has acquired Inversionistas en Restaurantes de Carnes y Cortes (IRCC), a subsidiary of multibrand casual dining restaurant platform International Meal Company Alimentação.

IRCC operates 51 company owned and 24 franchised casual dining Restaurants, mainly in Mexico City with presence in 17 other states. The Company has well-positioned brands in the casual dining restaurant sector through four main brands: La Mansión, Gino’s, Casa Ávila and Bistrot Mosaico.
 
Subject to internal authorisations, the transaction would be carried out by Nexxus VI Trust and Nexxus Capital Private Equity VI, directly or through Taco Holding, a portfolio company of Fideicomiso Nexxus Capital IV and Nexxus Capital Private Equity Fund V. The transaction is expected to close in early 2016, once closing conditions have been met. 

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