Restaurante Madero Durski Ltda announced that it expects to receive BRL 600 million in funding from The Carlyle Group L.P.
Restaurante Madero Durski Ltda announced that it has received BRL 600,000,000 in a round of funding on January 25, 2019. The transaction involved participation from new investor Carlyle Partners VII, L.P.; a fund managed by The Carlyle Group L.P. (NasdaqGS:CG). The company will issue common shares in the transaction. Post completion of the transaction along with a related transaction, the investor will hold 23% stake in the company. The transaction is subject to regulatory authority approval.