Andy Bassadone - The man behind restaurant chains Strada and Cote
Name: Andy Bassadone Nationality: British Companies run: Signature Restaurants (incorporating Strada, The Ivy, Le Caprice, Belgo, J Sheekey, Daphne's), Cote Restaurants When you’ve got a track record like Andy Bassadone, the likes of fashion and restaurant tycoon Richard Caring, want to deal with you. The owner of exclusive eateries The Ivy, Le Caprice, Annabel’s and Soho House, among many other slabs of prime real estate, had worked with Bassadone the chief executive. So when Bassadone came up with the concept for French mid-market chain with an established management team he’d partnered with before, Caring was there. Bassadone’s career in the industry is stuff of envy. 30 years in the industry, starting from the bottom up. He was a fast-riser though, working for various branded restaurants, both public and private, in Europe, the US and the UK. Bassadone worked for 10 years for the international restaurant group My Kinda Town, with The Chicago Rib Shack and the The Chicago Pizza Pie Factory. He was then the chief executive that started Italian-themed mid-market chain Strada. Bassadone took the role of stewarding Signature Restaurants’ brands, The Ivy, Le Caprice, Belgo, Daphne’s and J Sheekey for investor and Channel 4 chairman Luke Johnson. Strada itself grew to 26 restaurants before it was sold to Richard Caring for £56m. More than 20 additional Strada outlets opened before it, along with a handful of other restaurants under its umbrella, was sold to Tragus, which owns Café Rouge, for £140m. This gave Bassadone the opportunity to concoct a new recipe for success with his trusted partner Chris Benians. Cote’s first restaurant opened in 2007 in Wimbledon Village. Sites in Richmond, Soho, Kensington, and Covent Garden have followed, with more openings slated. Bassadone, as an entrepreneur in his own right, is one to watch
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