Hawksmoor, a London-based restaurant chain, is up for sale in a deal that could value it at about £100 million, according to the Financial Times.
The paper said Investment bank Stephens is managing the sale process and has started discussions with potential buyers.
Graphite Capital, which has owned 51% of Hawksmoor since 2013, declined to comment, the FT Said. Co-founders Will Beckett and Huw Gott will retain their shares and continue to lead the company.
Hawksmoor recently expanded its international presence by opening in Chicago, following debuts in New York and Dublin.
The company expects sales to exceed £100 million this year and reports profits above £10 million for the past 12 months.
The sale exploration occurs as private equity groups face pressure to sell assets to return cash to investors.
The UK hospitality sector has seen significant deals recently, including Apollo's acquisition of The Restaurant Group for £506 million and Zensho's purchase of Snowfox Group for £490 million.
Rare Restaurants, the owner of Gaucho, is also considering a sale but has not yet begun the process.