Alcuin Capital is pleased to announce that it has exited its investment in Deluxe, the high-end catering business serving executive and private jets, in a sale to Niche & Bespoke.
Niche & Bespoke is a premium in-flight catering business based at Birmingham airport, and the acquisition of Deluxe will make the combined group one of the largest independent luxury catering groups in the UK.
Neil Wilson, partner at Alcuin Capital, said “It has been a pleasure to work with Steve McKenna, CEO of Deluxe, and the team and we wish them all the best for the future”.
The sale was advised by Wyvern Partners (corporate finance), Taylor Wessing (legal) and BDO (tax structuring).