Page 31 - Patisserie Valerie Teaching Note
P. 31

Causeway Capital Partners






               The acquisition by Causeway Capital Partners of almost 50%

               (96 stores) of Patisserie Holdings stores was a good fit with

               their existing businesses. Moreover, the management
               buyout meant that business experience was retained within

               the acquisition.


               After reviewing the acquired stores some 14 were sold

               thereby allowing a reduction in debt and a more efficient

               operation to emerge as operating costs (100 jobs) fell.
   26   27   28   29   30   31   32   33   34   35   36