Bridgepoint to spearhead Burger King's UK growth, sources say
Private equity giant Bridgepoint is to spearhead Burger King's expansion across the country after becoming the restaurants chain's master UK franchisee, sources have said.
The Press Association understands the private equity group has struck a deal with Burger King Europe GmbH (BKE) to gain exclusive rights to the brand so it can launch new Burger King sites throughout Britain.
In a double swoop, Bridgepoint has also seized control of one of the largest UK franchisees - Caspian UK Group - which is home to 74 restaurants.
Burger King has more than 500 UK sites, but trails rival McDonald's which has around 1,200.
It is understood that BKE, part of Restaurant Brands International, will continue to hold a minority stake in the new organisation, with Bridgepoint having over all control.
Bridgepoint declined to comment.