Burger King Brasil (‘BKB’) is one of Brazil's largest quick service restaurant chains. In 2011, Vinci Partners, a Brazilian private equity firm, formed a joint venture with Burger King Corp. (now known as RBI, traded under NYSE ticker QSR) to develop Burger King in Brazil, giving BKB exclusivity to develop new restaurants and manage franchises in the country.
Brazil is one of the world’s largest quick service restaurant markets with growth expected to outpace that of GDP in the medium term due to factors including continued urban to rural migration, social class mobility and shortened lunch breaks.
We believe that BKB is well-positioned to benefit from these industry tailwinds and to continue its impressive growth trajectory, given BKB’s solid track record in expanding the business.
