Who Owns Wagamama? Apollo and the Group Structure
Wagamama is ultimately held through funds managed by affiliates of Apollo Global Management, according to its published 2025 annual report.
How Apollo acquired the business
Wagamama’s FY2025 annual report says Apollo acquired Wagamama in December 2023 as part of its purchase of The Restaurant Group. This is fund ownership through a corporate structure, not ownership by one named individual.
What changed in 2025?
The same report describes a refinancing and restructuring that placed the wider group under Rock Bidco Ltd, a vehicle indirectly owned by Apollo funds. Wagamama (Holdings) Ltd is described as the main UK holding company for the Wagamama division. These statements reflect the reporting period; check newer investor reports before treating the structure as permanent.
Founder versus owner
Alan Yau founded the original restaurant, according to Wagamama’s brand history; founding a chain is a different question from its current ownership. See where the chain began and how origin, food and ownership differ.