Target: Happy Italy
Seller: Happy Italy shareholders
Advisory sell side: Deloitte | M&A Advisory
AKD | Legal Advisory Corporate M&A
Buyer: Restaurant Company Europe
Advisory sell side: JSA Tax | Tax Advisory
Alvarez & Marsal | Financial Due Diligence
Lexence | Legal Advisory Corporate M&A
Date announced: 2021-07-05

Restaurant Company Europe (RCE), a Dutch hospitality group and portfolio company of Waterland Private Equity, a Dutch private equity firm, has acquired Happy Italy, a Dutch restaurant chain. Happy Italy currently has twenty locations in the Netherlands. Through the acquisition of Happy Italy, RCE is broadening its portfolio in the fast casual segment.