Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised quick-service Mexican restaurant chain Zambrero Australia Holdings (Zambrero) on investments by Metric Capital Partners and Skip Capital.

Zambrero is the largest Mexican restaurant chain in Australia and was founded in 2005. It has since grown to more than 245 quick-service restaurants worldwide, including in the United Kingdom, United States and New Zealand.

The investment by London-based private equity fund Metric Capital Partners and Sydney-based venture capital firm Skip Capital will support Zambrero’s growth ambitions both domestically and offshore. The deal was structured as a minority sell down of shares in Zambrero.

Led by partners Ricky Casali and Andrew Hewson, Corrs advised Zambrero and its sole shareholder the Sam Prince Group on all aspects of the transaction and structure. The team was supported by partners Eugenia Kolivos, James North, Natalie Bryant and other experts from across the corporate, property, intellectual property, employment and technology, media and telecommunications practices.

Commenting on the matter, partner Ricky Casali said: “As Zambrero’s first share sale and external funding injection, this is a significant milestone for the business. The additional bench strength offered by the institutional capital will accelerate expansion activity.” 

Partner Andrew Hewson added: “We are very pleased to have advised Zambrero and congratulate them on the successful investment deals inked with Metrics Capital Partners and Skip Capital. We look forward to supporting their growth ambitions as they continue to expand.”