Who Owns
the Gaff?
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Food & drink

The Restaurant Group

Profile reviewed

The wider TRG corporate group operates Wagamama, Brunning & Price pubs, Concessions and Barburrito under common Apollo fund ownership. [1][2]

01 / Behind the name

Who owns The Restaurant Group?

Private · Fund ownership; exact percentage not supplied [1][2]

  1. 01
    Disclosed investment scope

    TRG corporate group / Rock Bidco Ltd group [1][2]

    As reported · 27 Jul 2026

The completed reorganisation on 30 January 2025 changed the legal structure. The Restaurant Group Ltd itself now owns only Concessions and Barburrito; Wagamama and Brunning & Price are separate divisions under Rock Bidco Ltd, a Jersey vehicle indirectly owned by Apollo funds. This profile covers the wider corporate group, rather than assigning all brands directly to TRG Ltd. Exact fund equity percentages are not supplied. [1][2]

Explore Rock Bidco Ltd group / Apollo-managed funds

Owner & brand overview

02 / On the map

Where is it based?

Group headquarters
Not yet verified [1][2]
Parent incorporated in
Not yet verified [1][2]

Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.

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Investors in The Restaurant Group

Investor disclosures found

Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.

Fund investment

Apollo

Held entity · TRG corporate group / Rock Bidco Ltd group

Fund ownership; exact percentage not supplied

Annual report approved ·

The completed reorganisation on 30 January 2025 changed the legal structure. The Restaurant Group Ltd itself now owns only Concessions and Barburrito; Wagamama and Brunning & Price are separate divisions under Rock Bidco Ltd, a Jersey vehicle indirectly owned by Apollo funds. This profile covers the wider corporate group, rather than assigning all brands directly to TRG Ltd. Exact fund equity percentages are not supplied.

Evidence · 2 sources

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03 / The figures, with context

What does it report in UK tax?

This ownership review has not established a dated UK cash corporation-tax payment for the relevant reporting entity.

United KingdomNot yet verified

UK corporation tax paid

Not yet verifiedCash payment

The Restaurant Group · UK reporting scope not verified
Annual reporting period not yet verified

The UK tax-paying entity, reporting period and cash corporation-tax payment have not been separately reconciled. Not verified does not mean no tax was paid. [1][2]

These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.

Understand the measures

04 / Check our working

The public record.

Primary sources used in this profile. Company disclosures are attributed to the company; inclusion is not an independent audit.

  1. 01
    TRG annual report 2025 (opens in a new tab)

    The Restaurant Group · Approved 27 July 2026; printed pp2, 4 and 42: Apollo funds, Rock Bidco group and completed reorganisation

    Accessed 10 Oct 2026
  2. 02
    TRG current brands (opens in a new tab)

    The Restaurant Group · Wagamama, Brunning & Price, Concessions and Barburrito; wider group scope

    Accessed 10 Oct 2026