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

Heated exchange, scuffle between neighbours not enough to attract abetment of suicide offence: Supreme Court

Delhi High Court asks State why salary hike of law researchers not applied retrospectively

Bombay High Court rejects election petition against Shiv Sena Shinde faction MP Naresh Mhaske

Grave concern: Supreme Court flags delay by High Courts in uploading judgments

CBI moves Punjab and Haryana High Court against Justice Nirmal Yadav acquittal in graft case

SCROLL FOR NEXT