McWin Capital Partners, the backer of Big Mamma Group, is currently in discussions to acquire the Gail’s bakery chain.
According to Bloomberg, the company is aiming to bypass the standard sale process for Gail’s.
McWin already supports Gail’s parent company, alongside the German pizza and pasta chain L’Osteria and the hospitality incubator White Rabbit Projects. Earlier this year, it also acquired the Sticks’n’Sushi restaurant chain for an undisclosed amount.
This comes amid reports that Gail’s has engaged Goldman Sachs to oversee an auction of the chain next year.
Since opening its first store in Hampstead in 2005, Gail’s has grown to operate over 100 locations across the UK.
The bakery chain plans to open up to 35 new stores during the current financial year.
