Consilium advises Di Maggio’s Restaurant Group on Paesano and Sugo acquisitions

Consilium Chartered Accountants have provided lead advisory and financial due diligence services to Di Maggio’s Restaurant Group (DRG) in their acquisition of Italian restaurants Paesano and Sugo. 

The mouth-watering deal sees the hospitality giants DRG acquire three of Glasgow’s hottest Italian restaurants under the Paesano and Sugo brands. Established in 2015 and 2019 respectively, they have become hugely popular, serving nearly 22,000 customers weekly.

Di Maggio’s Restaurant Group deal built on a long-standing partnership

Continuing a long-standing relationship between Consilium Chartered Accountants and DRG, owners Mario Gizzi and Tony Conetta retained the services of advisor John Blair.

Di Maggio’s Restaurant Group co-founder Mario Gizzi said: “Consilium has supported DRG for many years and, once again, provided us with the expert advice we required to complete the exciting acquisition of Paesano and Sugo.”

Discussing the deal John Blair said: “As long-time advisors to Mario and Tony, bringing the Paesano and Sugo brands into the Di Maggio’s Restaurant Group has been hugely satisfying. Everyone at Consilium Chartered Accountants is looking forward to supporting DRG as they expand their portfolio.”

Deal grows Di Maggio’s Restaurant Group portfolio

Di Maggio’s Restaurant Group is one of Scotland’s biggest independent hospitality groups, with over 20 venues including Amarone, Café Andaluz, Anchor Line and Di Maggio’s.

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