Kirkland & Ellis represents Cartesian Capital in Tencent’s Investment in Tim Hortons China
Kirkland & Ellis has represented Cartesian Capital Group in an investment in its portfolio company Tim Hortons China by Tencent Holdings Ltd.
Founded by Cartesian and Restaurant Brands International, Tim Hortons China opened its first restaurant in February 2019 and now operates close to 50 locations across China. The restaurant chain expects to use the funding from Tencent’s investment to further uplift digital transformation, expand its digital infrastructure, and accelerate new store opening to meet consumer needs.
The Kirkland team was led by corporate partners Daniel Dusek and Michael Rackham.