Social by Foodlab boosts investment power with entry of Fidelitas Rest in Inversiones El Patio

We advised Inversiones El Patio SpA in the capital raising of Fidelitas Rest SpA as a new shareholder in the holding Social by Foodlab.

Social by Foodlab boosts investment power with entry of Fidelitas Rest in Inversiones El Patio
November 4, 2021

The firm has advised Inversiones El Patio SpA on raising capital and the entry of Fidelitas Rest SpA as a new shareholder in the gastronomy chain holding Social by Foodlab. With this project, Fidelitas Rest—an investment vehicle of the Hiller Gostling Group—enters the ownership of Inversiones El Patio, joining its original shareholder Foodlab SpA.

This transaction enables Social by Foodlab to expand its investment horizon, and continue its expansion strategy for its chain of restaurants, bars and entertainment. The entry of Fidelitas Rest also strengthens its business line of dark kitchens, allowing different third-party brands to operate in Chile’s gastronomy and entertainment scene.

The Cuatrecasas Santiago de Chile Corporate and Commercial team advising on this transaction was made up of lawyers Josefina Yávar, Tomás Montes, Martín Dell’Oro and José Agüero.

November 4, 2021