Mexican food chain Guzman y Gomez has raised $134.5 million in at a valuation of $1.73 billion.
Founded by by Steven Marks and Robert Hazan in 2006 - from a single store in Newtown , the chain now has more than 200 stores in Australia, Singapore, Japan and the US.
With Global Sales of $758.8M (including franchisees) – it has grown by over 29% Compound Annual Growth Rate (CAGR) since 2014.
Existing investors, Aware Super and TDM Growth Partners, have been supported by
Cooper Investors,
Hyperion Asset Management,
Firetrail Investments and
QVG Capital,
Guzman y Gomez had as of the end of 2023.
You can read more about the chain’s business model in this SmartCompany article by Jason Andrew, published in January.
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