Bridgepoint, a prominent private equity firm, has initiated plans to sell its stake in the casual dining and grocery brand Itsu. The company, which specializes in Japanese-inspired cuisine, has been backed by Bridgepoint as it expanded its footprint in both the restaurant and retail sectors.

The timing of this divestment aligns with a broader growth strategy spearheaded by Itsu's founder. According to reports, the founder is currently executing a plan intended to push the company’s annual sales past the £500 million mark. While the specific financial details of the stake sale, including the valuation or potential buyers, have not been disclosed, the move marks a significant transition for the brand as it seeks to scale its operations further.

Bridgepoint’s involvement has historically focused on scaling the business, and this exit suggests the firm believes the company has reached a level of maturity suitable for a transition to new ownership or a different capital structure. No public disagreement exists between the parties regarding the sale, as both the investor and the founder appear to be aligned on the company's future growth trajectory.