Retail Zoo

Retail Zoo
Company typePrivate
IndustryFast food
Founded2000
FounderJanine and Jeff Allis
Revenue$178 million (2022)
$15 million (2022)
ParentAdamantem Capital

Retail Zoo is an Australian company. It is the owner of multiple major restaurant chains, including Boost Juice, Betty’s Burgers, Cibo Espresso, Salsa's Fresh Mex Grill.[1]

It is a private company valued at around half a billion dollars.[2] The company has explored a public listing on at least two occasions, first exploring and then putting on pause the idea in 2019; before resuming its pursuit of an IPO again in 2022.[2] In February 2023, Australian private equity firm Adamantem Capital acquired a majority stake in the company for $350 million.[3][4]

  1. ^ Macdonald, Anthony (9 March 2022). "Boost for earnings now, Betty's for growth: Retail Zoo update". Australian Financial Review.
  2. ^ a b "Bain's Retail Zoo tests appetite for ASX float". AFR. Retail Zoo's private equity owner is ready to give its $400 million-plus float plans a boost.
  3. ^ Macdonald, Anthony (7 February 2023). "Adamantem Capital hunts $200m debt for Retail Zoo buyout". Australian Financial Review.
  4. ^ Van, Tong (7 February 2023). "Bain Capital sells stake in Boost Juice, Betty's Burgers parent in a deal worth $350 million". SmartCompany.