Overview
- The Ivy Collection includes over 40 restaurants and has been a staple of London's high-end dining scene.
- The deal, expected to close within weeks, will exclude Caring's other ventures such as Sexy Fish and Annabel's.
- Si Advisers, led by Hamza Ben Abderahmen and Ameel Somani, will acquire the majority stake.
- Caring may retain a minority stake and remain involved in future operations.
- The Ivy's expansion plans include opening new locations in the UK and potentially the US.