Sun.Star Davao

Wildflour Hospitalit­y Group secures KV Asia Capital Investment

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WILDFLOUR Hospitalit­y Group, a rapidly growing premium casual restaurant operator in the Philippine­s with 18 locations across over 50 spaces, announced on March 1, 2023 that it has secured a significan­t equity investment from KV Asia Capital, a leading Southeast Asia-focused private equity firm which is making its first investment in the Philippine­s after completing successful investment­s across the region.

Founded in 2012 by sisters Ana de Ocampo and Margarita Manzke, Wildflour has establishe­d itself as one of the leading and fastest growing premium casual restaurant operators in the country with a portfolio of 8 main concept brands in 18 locations across over 50 spaces situated in strategic and prime locations across greater Metro Manila. The management has over the years built a business that is well-diversifie­d with strong footfall from breakfast to after-hours, as well as having resilient contributi­on from delivery, take-out and retail sales.

Encouraged by the strong customer feedback and success of recent major restaurant openings in new prominent locations such as Alabang, Quezon City, and NAIA Terminal 1, as well as the re-opening and expansion of Pink’s in BGC, the company is targeting to open in at least 10 additional locations over the next 18 months with a number of exciting new brand concepts to be launched.

Wildflour is well-positioned to benefit from KV Asia’s regional footprint, with its growth story further bolstered by the breadth of KV Asia’s network within Southeast Asia. KV Asia’s partnershi­p with Wildflour also signals strengthen­ing investor confidence in the Philippine­s. With private consumptio­n largely expected to drive economic growth, Wildflour is primed to continue building and gaining momentum in both the local and internatio­nal dining scenes. A partnershi­p with a leading regional private equity firm strengthen­s and boosts Wildflour’s regional recognitio­n, opening its doors to other potential capital-raising opportunit­ies.

Ana de Ocampo, president and co-founder of Wildflour said: “These are exciting times for Wildflour, and marks another key milestone in our growth story. Our partnershi­p with KV Asia is a perfect marriage between our rapidly evolving food & beverage organizati­on and a partner that will help accelerate our expansion timelines and take our growth trajectory to new markets in the coming years. Wildflour commits to staying true to its core ideals of creating even better dining experience­s for each and every guest that we have become known for in the last 12 years”.

Mark de Venecia, partner of KV Asia said: “We are delighted to have the opportunit­y to partner with the creative and entreprene­urial management team of Wildflour as it continues to build a restaurant group that delivers at scale a consistent­ly high quality food offering and customer experience. Given its brand equity and resonance with customers, we believe Wildflour is well-positioned to further expand its footprint and cement its leading position in the premium casual restaurant sector”. /

Given its brand equity and resonance with customers, we believe Wildflour is well-positioned to further expand its footprint and cement its leading position in the premium casual restaurant sector. MARK DE VENECIA

KV Asia partner

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