The raising’s expected to see Zambrero, which has never raised a dollar from external investments, pick up about $250 million in fresh capital at a valuation north of $700 million.Proceeds would be slated for growth, particularly offshore, and get the company closer to its goal of donating one billion meals via its Plate 4 Plate initiative.
Skip Capital, the family office of Atlassian co-founder Scott Farquhar and his asset manager wife Kim Jackson, is anchoring the fundraising, while the other major investor is pan-European private capital player Metric Capital Partners . Sources said there would be only two or three investors involved. Prince would retain a controlling stake.While valuation was one part of the discussion, Prince was also keen to secure a European-based investor , knowing it could be helpful for the group’s international expansion plans.
While Skip Capital’s emerged as one of Australia’s busier family offices in deals - not quite the Forrests’ Tattarang, but not unlike Mike Cannon-Brookes’ Grok Ventures - Metric Capital is a new name for Street Talk.Metric targets growth capital, minority buy-out financing and buyouts, to pan-European companies. Its food and beverage portfolio companies include London-based fine dining restaurant group Dream International and Spanish wine producer and marketer The Haciendas Company.
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