June 16, 2014
Consumer, Retail, E-commerce and Leisure
Sale of Sausalitos to Ergon
Sausalitos, a Munich-based casual restaurant and bar chain serving Californian / Mexican cuisine, has been active since 1994. The Company generates revenues of approximately EUR 40 million and employs 980 staff. In the coming years, Sausalitos plans to expand to other German and European locations.
EQT was involved in Sausalitos Holding GmbH, along with the founding family, since 2008. During this time, the Company expanded the number of its restaurants in Germany to a total of 27. Over the past three years, Sausalitos was able to increase sales by 25 percent on a like-for-like basis, thereby significantly growing its market share.