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Consilium provides lead advisory services to DRG in pizza perfect acquisition of Paesano and Sugo restaurants

05/06/2024

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

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

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

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

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

About Consilium:

  • Since its inception in 2013, Consilium has grown to a team of 55 led by partners John Blair, James Goodman, David Holt, Derek Shaw, Linzi Wilson and Craig Coyle
  • The company’s mission is to help people achieve their goals – including both clients and team members
  • Consilium provides comprehensive Audit, Accounting, Corporate Finance, Tax, Cloud Accounting and Payroll services to owner-managed businesses, entrepreneurs, charities and investors
  • The firm is based in Glasgow but provides services to clients across Scotland, the UK and internationally via their membership of Kreston Global.
  • For more information visit consiliumca.com    

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