Private equity fund acquires majority ownership of Camex Restaurants

Terrence Campbell

Camex Restaurants Inc, operator of the Church’s Chicken and Dairy Queen franchises among others has announced a partnership with a regional private equity fund to expand the company’s operations here in Guyana and across the Caribbean.

A joint release from Camex Restaurants Inc and SEAF Caribbean SME Growth Fund yesterday stated that SEAF Caribbean SME Growth Fund has acquired a majority ownership interest in Camex Restaurants Inc in Guyana. The transaction is to be completed over the coming week and will enable the fast food restaurant franchisee to push its growth and expansion plans.

Founded in 2006, the release said that Camex Restaurants Inc is Guyana’s largest restaurant operator with 28 franchise/locations spread across Guyana with five brands including Church’s Chicken, Dairy Queen, Pollo Tropical, Mario’s Pizza and Quiznos. After having established a presence here in Guyana, its founder, Terrence Campbell, felt that it was time to bring in an international partner to drive through the next phase of growth.