Gordon Ramsay’s fame, gained through reality shows, has led to him opening restaurants across the United States FOX/GETTY IMAGESJamie Oliver may have been forced to call time on his British restaurant dreams, but Gordon Ramsay is set to turn up the temperature on his American ambitions after teaming up with a private equity firm. The reality TV chef today will announce the formation of a joint venture with Lion Capital, the former owner of Wagamama and Weetabix, to invest $100 million on five different concepts across the country over the next five years. Lion Capital is acquiring a 50 per cent stake in Gordon Ramsay North America for $25 million and will provide a mixture of equity and debt funding to finance the opening of 75 to 100 restaurants. In an interview with The Times, Mr Ramsay said that he also was planning…

Source: The Times June 26, 2019 23:00 UTC