The investment has been made ahead of the restaurant group’s planned initial public offering. 

Over a decade after it was first founded by siblings Ana Lorenzana de Ocampo and Margarita Manzke, the Wildflour Hospitality Group has announced that it secured a $15 million (approximately PHP 843 million) investment from KV Asia Capital. 

According to a report by the Inquirer, KV Asia Capital is a Singapore-based private equity firm “focused on making equity investments in quality mid-sized companies across Southeast Asia.” The firm’s investment in Wildflour marks its first foray into the Philippines. 

“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,” said Mark de Venecia, who is a partner at KV Asia.

The Inquirer report adds that the investment made by KV Asia Capital is for 25% of Wildflour. 

‘Exciting Times for Wildflour’ 

Wildflour CEO Ana Lorenzana de Ocampo said that “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 and beverage organization and a partner that will help accelerate our expansion timelines and take our growth trajectory to new markets in the coming years,” she added. 

As of press time, Wildflour’s portfolio includes the concept brands include Wildflour Restaurant, Wildflour Italian, Little Flour Cafe, and George & Onnie’s Filipino Restaurant. 

New and Returning Concepts to Look Forward To

Inquirer notes in its report that the investment made by KV Asia Capital will help finance the reopening and expansion of Pink’s Burger, Hotdogs and Shake. Wildflour is likewise aiming to open 10 new locations within the next 18 months. 

Other concepts that Wildflour will be launching to the public are Kei Maki and Antica Osteria.