- This marks the first investment by Buenavista Buy Out III, the firm’s newly launched fund, which has completed its first closing and aims to reach its target size of €250 million in the coming months
- Hundred is a burger chain founded in Valencia in 2020, with revenues exceeding €25 million. The company has been recognized for two consecutive years, in 2024 and 2025, as the world’s best burger restaurant by “The World’s Best Burger” awards
- One of the company’s key strengths lies in its vertically integrated model. All menu items are prepared daily in its own facilities in Valencia and Madrid, ensuring freshness and maximizing quality across the menu
Madrid, 20th October 2025
Buenavista Equity Partners, a private equity group specializing in Spanish low and mid-market segment, announced today its acquisition of a stake in Hundred Burgers. This is the first investment made through its eighth private equity fund, Buenavista Buy Out III, which has reached its first closing and is targeting €250 million in total commitments.
Hundred Burgers is a burger chain founded in Valencia in 2020. Today, it operates eight units across Valencia and Madrid, generating revenues of over €25 million. With the backing of Buenavista, Hundred Burgers will gain additional resources to accelerate its national and international expansion plans, working alongside its founders, who will remain actively involved in the management of the company.
A key factor behind the company’s success is its vertically integrated approach: all handmade products are prepared daily at its central kitchens in Valencia and Madrid before being delivered fresh to its restaurants. This strategy has set Hundred Burgers apart from competitors, with a strong emphasis on innovation and an unwavering commitment to quality, culminating with the “World’s Best Burger” awards in 2024 and 2025.
With Buenavista’s arrival, the company will further strengthen its commitment to innovation and operational excellence, while continuing to invest in the internalization of key processes. This includes the implementation of meat aging chambers, advanced digitalisation, and the integration of artificial intelligence. These technologies will enable Hundred Burgers to anticipate consumer trends, optimise real-time production, and gain deeper insights into customer preferences. In doing so, the company positions itself at the forefront of the industry, blending artisanal tradition with a technology-driven vision to create a smarter, more scalable, and sustainable business model.
According to Josep Bono, Partner at Buenavista: “Hundred Burgers exemplifies the type of company we seek to invest in at Buenavista. It has a deeply ingrained corporate culture across all levels of the organisation, a clearly defined winning strategy, and many tangible and intangible qualities that set Hundred apart from the competition, making it a truly standout player in its market niche.”
Driving growth and international expansion
Buenavista Buy Out III is the firm’s latest fund, which has just held its first closing and is expected to reach its €250 million target size in the coming months. In line with the strategy of its predecessors, this vehicle targets majority investments in Spanish companies with significant growth and international expansion potential, as well as the capacity of leading sector consolidation through a buy & build strategy.
The fund aims to build a diversified portfolio of 8 to 10 investments, with an average ticket size of €25 to €30 million per transaction. Through this strategy, Buenavista seeks to create strong, sustainable platforms capable of competing on an international scale.
