What Kharis Capital does

Kharis Capital is a Brussels-anchored private equity firm founded in 2015 by Daniel Grossmann and Manuel Roumain, with Eric Melloul as Managing Partner, that specializes in building scalable consumer platforms through disciplined M&A, international rollout, and digital acceleration. The firm operates through dedicated holding platforms rather than a single fund, including QSRP (a multi-brand Quick Service Restaurant platform consolidating Burger King, Quick, O'Tacos, Nordsee, Chopstix, Dunkin', and G La Dalle across 1,200+ restaurants in 13 countries with €1.7bn+ system-wide sales in 2024), Foodmaker (a healthy convenience-food platform producing ~150k meals/day from a €50m facility and serving Delhaize, Rewe, Monoprix, and Franprix), GDG (Grupo Dani Garcia, a Michelin-star fine dining platform), Valtech (digital transformation), and the Kharis FoodTech Fund (European venture growth vehicle for Series B/C food and beverage technology). Additional portfolio investments include Livspace (India's end-to-end interior design marketplace), KoRo (B-Corp healthy snacking), Rigoni di Asiago (organic foods since 1923), Foodji, Agwa, Clone, and Animoca Brands.

The firm raises capital from a curated network of family offices aligned with patient, long-term horizons and structures investments through vehicles including an Article 8 SFDR fund. Revenue is generated through two standard PE mechanics: recurring management fees on assets under management and performance-based carried interest on portfolio company realizations. Kharis maintains operational offices in Brussels (registered office), Luxembourg (GP entity), and Hong Kong (Asia-Pacific coverage with a dedicated CEO), supported by a team of approximately 20 investment, operations, and administrative professionals. Distribution of operating exposure occurs via Master Franchise Agreements (Burger King, Dunkin'), franchisee networks (O'Tacos, Chopstix, G La Dalle), and direct retail/B2B relationships (Foodmaker).

Name

Kharis Capital

Legal name

KHARIS CAPITAL ADVISORY BELGIUM SPRL

Website

https://khariscapital.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Kharis Capital is a Brussels-based private equity firm, founded in 2015, that builds scalable consumer platforms through M&A and digital acceleration, operating QSRP (1,200+ restaurants across 13 European countries), Foodmaker, the Dani Garcia fine dining group, and a FoodTech venture fund, backed by family-office capital.

Ownership category

akta.pro rank

Product category

Private Equity / Consumer Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investors, Nec (6799)

akta.pro primary industry

Public-to-Private (P2P) Buyout (FSANABAG)

akta.pro secondary industry

Technology & Software Growth Equity (FSANACAA)

Keywords

• Private equity investments
• Consumer platform building
• Food technology investing
• Franchise management services
• Venture growth capital

Headquarters

HQ city

Brussels

HQ country

Belgium

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Management Fees: Private equity management fees charged on assets under management
2. Carried Interest: Performance-based carried interest from successful portfolio company exits

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Kharis Capital is a private equity firm that invests long-term patient capital into mid-sized consumer businesses and builds them into scalable category-leading platforms through disciplined M&A, international rollout, and digital acceleration. It operates multiple owned platforms—QSRP (multi-brand quick-service restaurants), Foodmaker (healthy ready-to-eat meals), GDG (fine dining), Valtech (digital transformation), and the Kharis FoodTech Fund—and sources capital from family offices and institutional investors.

Product overview

Kharis Capital is a private equity firm that builds scalable consumer platforms through disciplined M&A, international rollout, and digital acceleration. The firm operates across multiple platforms and funds including QSRP (Quick Service Restaurant Platform) operating 1,200+ restaurants across 13 countries under brands like Burger King, Quick, O'Tacos, Nordsee, Chopstix, Dunkin', and G La Dalle; the Foodmaker healthy food platform; GDG (Grupo Dani Garcia) fine dining and hospitality; Valtech digital transformation; and the Kharis FoodTech Fund venture growth vehicle. Their portfolio also includes sub-brand investments in Rigoni di Asiago (organic foods), Livspace (digital homestyle), KoRo (healthy snacking), Foodji (smart food vending), Agwa (autonomous farming), Clone (virtual food brands), Animoca Brands (Web3), and various restaurant sub-brands. The firm acts as hands-on entrepreneurs partnering with visionary founders to build market leaders.

Differentiator

Problem solved

Functional benefit

Brands

• QSRP: Quick Service Restaurant Platform - multi-brand platform operating Burger King, Quick, O'Tacos, Nordsee, Chopstix, Dunkin', and G La Dalle across Europe
• GDG
• Kharis FoodTech Fund
• Foodmaker
• Next Food Capital

Products and services

• QSRP (Quick Service Restaurant Platform) A leading European quick-service restaurant platform operating 1,200+ restaurants across 13 countries under master-franchise and acquired brands including Burger King, Quick, O'Tacos, Nordsee, Chopstix, Dunkin', and G La Dalle, combining operational scale with digital innovation (76% digital sales, 12m+ loyalty customers, €1.7bn+ system-wide sales in 2024).
• Foodmaker A leading European healthy ready-to-eat food company operating a €50m state-of-the-art production facility producing ~150k meals/day (scalable to ~250k/day), 25 own restaurants, and B2B/retail supply partnerships with Delhaize, Rewe, Monoprix and Franprix.
• GDG (Grupo Dani Garcia) A lifestyle and entertainment hospitality group founded by 3-Michelin-starred chef Dani García, operating 27 restaurants across brands including Leña, Bibo, Smoked Room, Dani Brasserie, Tragabuches, Alelí, El Pollo Verde, and El Coleccionista, with international expansion to Miami and Los Angeles.
• Valtech A global digital transformation pioneer that designs, builds and runs experience-driven platforms fusing strategy, data and cutting-edge technology, including cloud-native data architectures and generative-AI solutions, for global brands.
• Kharis FoodTech Fund A European venture growth fund (structured as an Article 8 SFDR fund) investing in food and beverage technology companies, targeting Series B/C rounds with equity investments of €7.5–15m per company and focusing on innovative companies addressing environmental and social challenges.

Quantifiable outcome

• QSRP doubled revenue and targets to triple profitability by 2029
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Burger KingcoreStrategic or Co-development Partner · 1 January 2014QSRP launched with Burger King master franchise rights in 2014, expanding presence across Italy, Belgium and Luxembourg as the backbone of the international burger platform.

Scale indicators7 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• PAI Partners: European mid-to-large cap PE firm with a long-standing Food & Beverage vertical (e.g. heritage restaurant and food brands); comparable to Kharis in deploying long-duration capital into European consumer platforms.
• L Catterton: One of the largest consumer-focused private equity firms globally with a dedicated European platform; comparable to Kharis in its consumer-only mandate, brand-building orientation and global LP base.
• Eurazeo: Paris-headquartered listed private equity investor with a sizeable consumer/retail vertical and several European restaurant and food brand holdings; comparable in geography and consumer-platform orientation.
• Verlinvest: Family-controlled Belgian private equity firm focused on consumer brands; Kharis Capital was co-founded by two former Verlinvest investment leaders (Daniel Grossmann and Eric Melloul), and Verlinvest's portfolio (Oatly, Vita Coco, Tony's Chocolonely) closely overlaps with Kharis's consumer-platform thesis.
• Bridgepoint: European mid-market private equity firm with a dedicated consumer brands strategy and pan-European footprint; directly comparable to Kharis's mid-sized consumer platform-building model.
• Yucaipa Companies: Consumer-focused private equity firm founded by Ron Burkle; Kharis IR & Syndication lead Judita Uthoff previously worked in Yucaipa's fundraising and investment team. Comparable in its consumer-only, brand-led investment mandate.
• Active Partners: UK-based consumer-focused growth investor (food, travel, lifestyle); Kharis Investment Principal Dan Linegar was previously a Principal here. Directly comparable in thesis (consumer brand building) and mid-market scale.

Broad incumbents

• 3i Group: Listed European private equity firm with consumer/retail exposure across mid- and large-cap; comparable as a broader incumbent European PE investor that competes for similar consumer platform opportunities.
• BC Partners: Pan-European large-cap private equity firm that co-invested alongside Kharis in Valtech; broader in scope than Kharis but a relevant incumbent comparable given overlapping consumer/digital exposure and shared deals.

Emerging players

• Capdesia: UK restaurant-focused investment firm where Kharis Investment Principal Marina Borissova previously led investments in four UK restaurant brands to nearly 300 locations; closely comparable in restaurant-platform thesis at a smaller, more regional scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kharis Capital