Gaucho is a restaurant group operating under two distinctive brands: Gaucho, targeted at the premium and special occasion market segment and aspirational casual dining chain, CAU.

Gaucho restaurants offer high quality dining, with an emphasis on authentic Argentinian cuisine, particularly steaks, and an extensive fine wine list. With 12 restaurants across London, there are four more in Leeds, Manchester, Dubai and Hong Kong.

CAU was first launched in 2010 and has grown rapidly, with 16 restaurants in the UK and one in Amsterdam. It has a “Buenos Aires” theme and rates highly with consumers for the quality of the food and overall experience.

The group has a passion for all things Argentinian, where it sources the best quality grass fed beef and an extensive range of unique wines.

Equistone previously backed a management buyout of Gaucho in 2005. Equistone supported plans to increase revenue and rollout new sites. In 2006, the business was sold to Phoenix, resulting in a return of 2.5x the original investment.

Investment Date

Jan 2016



Business Description

Restaurants & Bars

Revenue at ACQ.


Employees at ACQ.


Investment Type

Secondary MBO

Gaucho 1

The business’s commitment to delivering outstanding customer service coupled with its clearly defined proposition ensures it is well placed to continue gaining market share in an exciting marketplace.