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Guzman y Gomez (GYG)

Guzman y Gomez is a food and drinks company that serves the time-honored flavors of Mexico with the freshest Australian ingredients.

Backed by

Aware SuperAware Super
QVG CapitalQVG Capital
Athletic VenturesAthletic Ventures
Hyperion Asset ManagementHyperion Asset Management
TDM Growth PartnersTDM Growth Partners
Firetrail InvestmentsFiretrail Investments
Cooper InvestorsCooper Investors

Raised 134.5M EQUITY on April 9, 2024

About

Guzman y Gomez is a Sydney-based Mexican quick-service restaurant chain operating about 209 restaurants across Australia, Singapore, Japan, and the US, pursuing multi-market expansion and store scaling.

Mission

Guzman y Gomez (GYG) is a Sydney-headquartered Mexican quick-service restaurant chain co-founded by Steven Marks in 2006. The group operates 183 restaurants in Australia and 26 across Singapore, Japan and the US, and is targeting the Chicago area where it has four stores. GYG reported global sales of $471 million in the December half (up 31% year‑on‑year), FY23 network sales of $759 million, and underlying FY23 EBITDA of $32 million (up 56%). The company plans to open 30–40 new restaurants per year long term and has ambitions to add 800 more stores in Australia. GYG says the fresh capital will be used to expand both in Australia and offshore, and it continues to review the possibility of an IPO within the next 12 months. Investors and management cite the founder-led culture, superior unit economics and systems to deliver at scale as reasons for support.

Quick Facts

Founded

2006

Funding

EQUITY

Industry

Food and Beverage, Food Processing, Organic Food

Team Size

10001+

Headquarters

Surry Hills, New South Wales, Australia

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