TRIUM & CO ADVISES LES BURGERS DE PAPA ON ITS SALE TO BCHEF
Trium & Co is pleased to announce that it acted as exclusive financial advisor to the selling shareholders of Les Burgers de Papa in connection with the sale of 100% of the company to the BCHEF group, announced in January 2026.
Founded in Lyon in 2013 by Yves Hecker, Les Burgers de Papa has become one of France’s leading gourmet burger brands, with 21 restaurants located primarily in city centers. The brand stands out for its strong focus on French terroir — carefully selected PDO cheeses, homemade fries — and a brand identity built on generosity and accessibility. The company had entered court-supervised reorganization proceedings in 2024, amid a sector-wide rise in costs.
The acquirer, BCHEF, is a French quality-burger specialist founded in 2015 by Julien Perret and developed exclusively through franchising. With 55 restaurants at the time of the transaction, BCHEF raised €2.5 million in early 2025, partly to fund its external growth strategy, of which this acquisition is the first significant milestone.
The combination creates France’s leading gourmet burger group, with a combined network of more than 70 restaurants, over 450 employees and consolidated revenue exceeding €40 million in fiscal year 2025. Both brands will retain their respective identities and networks, serving complementary customer segments. The group plans to open around ten additional restaurants by 2027 and does not rule out further acquisitions.
The transaction illustrates the ongoing consolidation of France’s quality fast-casual segment, a market that remains fragmented and faces increasing competition from major international chains.
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