Case study

D&D: Continued expansion

Founder of premium restaurant brand secures LDC backing to grow footprint across the UK and internationally.

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  • Travel & leisure

D&D owns and operates over 30 premium restaurants.

Employees: 1761

Deal type
  • Management buyout
Deal value


The Team
LDC Region

Founded in 2016, D&D owns and operates of 43 premium restaurants and bars across the world, with locations in London, Leeds, Manchester, Paris, New York and Tokyo.

Its portfolio includes some of London’s most iconic restaurants such as Coq d’Argent in the City, Quaglino’s in Mayfair, The Bluebird in Chelsea and Plateau in Canary Wharf. It also operates the 80-bedroom South Place hotel in London.

D&D creates high-quality premium restaurants, each trading under its own fascia and unique characteristic or concept.

We’ve worked with LDC during a good period for the business, a time which has seen us achieve greater scale in the UK, refurbish our core estate and expand into new markets overseas with the team’s support.”
Des Gunewardena, CEO
D&D London

Enhanced portfolio

LDC backed a £50m management buyout at D&D in 2013, ensuring the management team was well-placed to move forward with its domestic and international expansion strategy.

In January 2019 D&D London recorded its best ever Christmas trading results, with overall revenue in December 2018 also in double-digit growth.

Our revenues and profits are growing, and we’re using the cash generated to continue our expansion.”
Des Gunewardena, CEO
D&D London