Urban Purveyor Group acquires Rockpool Group, creates Rockpool Dining Group

Friday, 4 November 2016:

In a game changing move for the Australian hospitality industry, Quadrant Private Equity backed Urban Purveyor Group and Rockpool Group have combined forces to create a multi-concept, dining and entertainment powerhouse, Rockpool Dining Group.

The new group will be led by global hospitality industry veteran Chief Executive Officer Thomas Pash, alongside internationally acclaimed chef and restaurateur Neil Perry. The combined group includes best in class restaurants such as Rockpool Bar & Grill, Saké Restaurant & Bar, Spice Temple, Fratelli Fresh, The Cut Steakhouse, Rosetta, The Bavarian, Munich Brauhaus, El Camino Cantina, Burger Project, Fratelli Famous, Café Ananas and Saké Jr.

The move firmly establishes Rockpool Dining Group as the most dominant player in the Australian hospitality industry, with annualised revenues in excess of $350 million.
Rockpool Dining Group’s portfolio includes 47 venues, 15 dining brands, and over 3000 employees across four states. The vertically-integrated group also owns a rapidly growing brewing company and a state-of-the-art production kitchen.

A highly credentialed leadership team will oversee the group’s premium, premium-casual, casual and fast-casual restaurants and work on an accelerated pipeline of new venues that is expected to grow to more than 80 over the next 12 months, and to more than 200 over the next few years. Notable near term openings include Rosetta at Grosvenor Place in Sydney, more than 20 fast-casual brand openings for Burger Project, Saké Jr and Fratelli Famous, two The Bavarians and another Saké and Fratelli Fresh at the International Convention Centre at Darling Harbour.

Fresh off the success of Burger Project, massive debuts for new concepts and brand extensions Saké Jr and Fratelli Famous pizzeria, and the expansion of Fratelli Fresh, Mr Pash and Mr Perry will oversee the continued rapid rollout of new venues. A second Rosetta, a smaller format Spice Temple, a large format Cantonese concept and a Rockpool Bar Series will be added to the portfolio over the next 12 months. The group is also in early discussions to open first venues in both London and Los Angeles.

Rockpool Dining Group:

Includes premium steakhouses, sophisticated Japanese, French, Italian and modern Chinese restaurants, casual Bavarian and Tex-Mex venues and gourmet fast-casual pizza, Asian-fusion and burger concepts;
Spans 47 venues and 15 restaurant brands;
Sets the foundation to expand to more than 80 venues by the end of CY 2017, including the group’s first venues in London and Los Angeles;
Has revenue turnover in excess of $350 million, and over 3000 employees;
Has a current geographic footprint across Sydney, Melbourne, Brisbane, the Gold Coast and Perth;
Is vertically-integrated and includes a rapidly growing brewing company and state-of-the-art production kitchen.

Mr Pash said bringing together our best in class restaurants, culinary credentials, amazing teams and vertically-integrated businesses paves the way for us to create one of the leading dining and entertainment groups in the world.
“Rockpool Dining Group is one of the top groups to watch in the global hospitality industry,” Mr Pash said. “Our portfolio includes some of the best concepts and brands in the industry. Together we are stronger across key dining segments, from premium to fast-casual, we have a larger geographic footprint, and we have a wider portfolio of international cuisines and fantastic restaurant names that can be expanded to cater to a growing and more inquisitive dining public,” Mr Pash said.

As Head of Culinary, Mr Perry will actively co-lead with Mr Pash brand development and innovation across the entire group. Rockpool Group co-founder Trish Richards will join the group’s finance team and continue to oversee and support strategic financial direction for the group.
“Combining our strengths to create an outstanding global dining portfolio is a very exciting next chapter for Trish and I, and we look forward to working with Tom and his team to help the group continue to expand and innovate,” Mr Perry said.
“We will hit the ground running as a combined team with the openings of Rosetta at Grosvenor Place and several new Burger Projects, Saké Jrs and Fratelli Famous pizzerias, bringing new experiences to current and new customers.”

Quadrant Private Equity Executive Chairman Chris Hadley said the acquisition of Rockpool Group adds more great brands and proven leadership to an already strong portfolio.

“This acquisition consolidates great restaurant brands and industry brainpower to create a formidable and globally competitive dining and entertainment group,” Mr Hadley said. “Rockpool Dining Group has a brilliant and diverse portfolio that is ripe for expansion under two exceptional stewards of the industry: Thomas Pash and Neil Perry.”

Urban Purveyor Group and Quadrant Private Equity were advised by Ernst & Young and King & Wood Mallesons.
Rockpool Group engaged KPMG Corporate Finance led by Jon Adgemis and Beau Dixon to manage the transaction and Gilbert + Tobin for legal support.

For media enquiries please contact PR & Communications Manager Rachel Lebihan:

0438 701 573 | [email protected]

About Rockpool Dining Group:

Rockpool Dining Group is the largest restaurant and dining group in Australia, with 47 award-winning dining and entertainment venues, revenues in excess of $350 million and 3000 employees. With many new venues and concepts in progress, the Group plans to double in size in the next 24 months. The Group’s dining and entertainment brands include Rockpool Bar & Grill, Burger Project, Spice Temple, Fratelli Fresh and Fratelli Famous Pizzeria, Rosetta, EL Camino Cantina, Café Ananas, The Cut Steakhouse, Saké and Saké Jr. Bavarian Bier Café, The Bavarian, Munich Brauhaus, The Argyle and Urban Events Venues & Catering. Additionally, the Group’s vertically-integrated model includes Urban Fine Foods and Urban Craft Brewing Co. Rockpool Dining Group is owned by Quadrant Private Equity, one of Australia’s leading Private Equity firms.

Explore our brands



    Bar Patrón

    Bar Patrón

    Rockpool Bar & Grill




    Spice Temple






    The Cut


    Saké Restaurant & Bar

    Manly Sydney

    Double Bay Sydney

    Eagle Street Pier Brisbane

    Flinders Lane Melbourne

    Hamer Hall Melbourne

    The Rocks Sydney

    Fratelli Fresh

    Fratelli Fresh Bridge St Sydney, NSW

    Fratelli Fresh Darling Harbour, NSW

    Fratelli Fresh Entertainment Quarter, NSW

    Fratelli Fresh Manly, NSW

    fratelli fresh Westfield Miranda, NSW

    Fratelli Fresh Westfield Sydney, NSW

    Fratelli Fresh Sunshine Coast, QLD

    El Camino Cantina

    El Camino Cantina Entertainment Quarter, NSW

    El Camino Cantina Manly, NSW

    El Camino Cantina Miranda, NSW

    El Camino Cantina The Rocks, NSW

    El Camino Cantina Bowen Hills, QLD

    El Camino Cantina South Bank South, QLD

    El Camino Cantina Chermside, QLD

    El Camino Cantina Robina, QLD

    El Camino Cantina Sunshine Plaza , QLD

    El Camino Cantina Fitzroy, VIC

    Munich Brauhaus

    South Wharf – Victoria

    The Rocks – New South Wales

    The Bavarian

    Castle Hill – New South Wales

    Charlestown – New South Wales

    Chatswood – New South Wales

    Entertainment Quarter – New South Wales

    Green Hills – New South Wales

    Macarthur – New South Wales

    Manly Wharf – New South Wales

    Miranda – New South Wales

    Penrith – New South Wales

    Rouse Hill – New South Wales

    Shellharbour – New South Wales

    Tuggerah – New South Wales

    Wetherill Park – New South Wales

    Wollongong – New South Wales

    World Square – New South Wales

    York Street – New South Wales

    Belconnen – Australian Capital Territory

    Woden – Australian Capital Territory

    Tea Tree Plaza – South Australia

    Highpoint – Victoria

    Knox O-Zone – Victoria

    Broadbeach – Queensland

    Chermside – Queensland

    Coomera – Queensland

    Eagle Street Pier – Queensland

    Mackay – Queensland

    Robina – Queensland

    Rockhampton – Queensland

    Sunshine Plaza – Queensland

    The Barracks – Queensland

    Toowoomba – Queensland


    Bowen Hills – Queensland

    Kotara – New South Wales

    WingHAÜS by Bavarian

    Barangaroo, New South Wales

    Brisbane, Queensland

    Circular Quay, New South Wales