Biryani by Kilo 
Dealstreet

Burgeon Law, CAM act on Devyani International's ~₹420 crore acquisition of Biryani by Kilo

Devyani International has acquired Sky Gate Hospitality, the parent company of Biryani by Kilo.

Bar & Bench

QSR operator Devyani International Limited has acquired 80.72% stake in Sky Gate Hospitality Private Limited for ₹419.60 crore, along with its three brands ‘Biryani By Kilo’, ‘Goila Butter Chicken’, and ‘The Bhojan’.

Burgeon Law advised Sky Gate Hospitality on this acquisition deal.

The transaction team consisted of Roma Priya (Founder), Ankit Bhasin (Partner), Abhisshek Singlla (Partner), Akshita Mittal (Senior Associate), Saransh Agarwal (Senior Associate) and Jesika Somani (Associate).

Roma Priya, Ankit Bhasin, Abhisshek Singlla

Cyril Amarchand Mangaldas represented Alpha Wave Ventures, an existing investor in Sky Gate Hospitality, on this transaction.

Devyani International Limited operates franchises such as Pizza Hut and KFC, and has now added Sky Gate Hospitality's franchises to its portfolio.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

NLU Tripura students flag safety, governance lapses; demand Registrar from outside State

Delhi HC nominates Senior Advocate Sonia Mathur, Advocate Monika Arora as Bar Council of Delhi members

JSA acts on PwC India - PwC US joint venture

Plea in Karnataka High Court challenges State order on singing only 2 stanzas of Vande Mataram

Jammu and Kashmir HC grants anticipatory bail to police SI accused of sexually exploiting constable

SCROLL FOR NEXT