Luke Johnson's Risk Capital buys Wahaca

Risk Capital Partners, the investment vehicle led by Luke Johnson, has acquired Mexican restaurant brand Wahaca, in a deal that will fund the next stage of the brand's expansion.

The move follows Wahaca's announcement earlier this year that it was seeking a new strategic partner to help reignite its growth plans.

"I'm genuinely excited to be working with Luke and the Risk Capital team," says Gemma Glasson, CEO of Wahaca. "He understands hospitality better than almost anyone in the UK, and having that experience and drive behind us as we continue to grow is exactly what this business needs right now."

Risk Capital's other investment projects include Gail's, The Light and Brighton Pier Group.

"Wahaca is a brand I've long admired - brilliant food, real culture, and a team that's clearly hit its stride," adds Johnson. "I'm looking forward to working closely with Gemma and the team to build on the momentum they've created."

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