Private Equity Fund Investments
Restaurant chain Dindigul Thalappakatti raises funding from Tree Line Investment
Chennai-based Thalappakatti Hotels Pvt. Ltd. which operates a dining restaurant chain under the brand name “Dindigul Thalappakatti†(DT) has raised private equity from Tree Line Investment Management and other investors. The transaction which is a combination of primary and secondary capital is expected to increase DT's presence across India as well as markets abroad. Advay Capital Advisors Private Limited was the financial advisor to the promoters of DT for the transaction. Dindigul Thalappakatti is a non-vegetarian fast casual dining restaurant chain in the country with 80+ outlets across South India, US, Singapore, Sri Lanka, Malaysia, UAE & France.
From the Venture Intelligence PE-VC Deal Database: In Oct-19 CX Partners had invested INR 260 crores in Dindigul Thalappakatti Restaurants (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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