One of the largest restaurant conglomerates in Colombia with operations in the Quick Service and Full Service Restaurant segments with renowned brands as Kokoriko, Mimos and Andres Carne de Res
Regional Presence: Colombia
Closing Date: September 2012 / March 2017
Fund: MAS Colombia Latam
Status: Active
Website: www.kokoriko.com.co
• Attractive industry fundamentals: strong economic and disposable income growth and expanding middle class are driving strong “consumption out of home” growth
• Presence across several industry segments (FSR and QSR) poise Grupo IGA to capture wallet share
• Grupo IGA has one of the largest restaurant platforms in Colombia with 285 outlets and presence in 46 cities in 23 states
• Experienced and engaged management team
• Transition from family-owned business to professional business
• Board of directors with experienced independent members
• Support in the design of new corporate and organizational structure
• Consolidated and experienced Management Team
• Support in the creation of a detailed 100-Day Plan
• Strengthening of the Operative Regime (product, order and service
• Creation of the Shared Services Unit providing efficiencies and creating economies of scale
• Analysis of possible acquisition targets to integrate to the brand portfolio
• Design and implementation of a new franchise model
• New openings plan to expand the brands’ reach