The UK arm of Quilvest, which is headquartered in Luxembourg, generated revenues of £1.2m – up from £503,000 in 2007.
However, accounts filed at Companies House show Quilvest UK turned a profit of just £112,000 in 2008, an increase from £46,000 the year before. No dividend was paid.
The latest figures relate to the year Quilvest bought into YO! Sushi for a rumoured £51m. In March 2008 Quilvest, which was set up to invest on behalf of German immigrant-turned-Argentine beer magnate Otto Peter Bemberg, bought into the chain famous for its conveyor belts of food. The deal landed YO! Sushi founder Simon Woodroffe a multi-million pound windfall.
Axelle Strain, the dealmaker who masterminded the takeover of YO! Sushi, was the highest-paid director with £200,000 in emoluments.
Quilvest also owns stakes in three US restaurant groups – Outback Steakhouse, Chop’t and Pasha’s.