- Case Study
“They’re the best investment team in the country, and they’re so aligned in our vision. TDM has brought in that rigour and discipline to ensure people are accountable which has enabled the business to accel."
STEVEN MARKS, FOUNDER AND CEO, GUZMAN Y GOMEZ
Guzman y Gomez’s Growth Story
Guzman y Gomez (‘GYG’) is reinventing the fast-food industry by serving clean and healthy made-to-order Mexican food across 226 stores in Australia, Singapore, Japan and now the USA.
With the ability to serve breakfast, lunch and dinner across drive-thru and suburban strip store formats, GYG has all the ingredients to become a successful global brand that will continue to grow at high rates for many years to come.
We believe GYG will be the McDonald’s of the next generation, redefining the future of the global quick-service restaurant (QSR) industry.
In June 2024, GYG listed on ASX under the ticker “ASX: GYG” with an initial market capitalisation of $3b.
Our Partnership
In Co-founder Steven Marks, we saw a visionary; a highly energised founder that was relentlessly focused on building a culture of customer obsession, food quality and innovation.
TDM first invested $44m in GYG in 2018, and has since contributed growth capital – at one stage owning c.40%. Today, TDM owns a 20% share in the business.
We have always loved the management team’s drive to reinvent fast-food and change the quick-service restaurant (QSR) industry globally. Combining this bold vision with best-in-class execution has resulted in a high-functioning relationship between the management team and TDM.
TDM’s Tom Cowan currently sits on the board of directors and, with the support of our Investment Team, provides insights on best practice strategy, systems and processes, as well as guidance on key executive recruitment.
In 2023 TDM’s Operating Partner Hilton Brett moved from his role as Non-Executive Director to Co-CEO alongside founder Steven Marks (who continues to be a large shareholder today).
