El Jannah, the cult charcoal chicken chain that has expanded out of Sydney’s west and into dozens of suburbs around the country, is sounding out private equity interest as it considers whether to put itself on the auction block.
While the company has not engaged advisors to kick-start a formal sales process, chief executive Brett Houldin has spoken to potential bidders on behalf of El Jannah’s owner, businessman Andre Estephan.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
