Chargrill Charlie’s acquired by owner of Red Rooster and Oporto, Craveable Brands

$$BDO.LiveSite.Deals.DealType$$Transaction Services
$$BDO.LiveSite.Deals.Industry$$Retail & Consumer
$$BDO.LiveSite.Deals.ClientName$$Chargrill Charlie's
Chargrill Charlie’s, founded in 1989 by the Sher family, began in the Sydney beachside suburb of Coogee and has since grown to 17 outlets across Sydney, with an additional 2 outlets in Melbourne. The Sher family will support the transition for a minimum of 12 months, continuing to operate several franchise stores.

Craveable Brands, a subsidiary of PAG Asia Capital, expands its portfolio of renowned Australian food brands following this acquisition for an undisclosed sum.

BDO's Corporate Finance team was engaged by Chargrill Charlie’s business to provide vendor assistance ahead of its sale to Craveable Brands, a private equity-owned company.