The entry of Pangram Capital Partners and Growth Partners Capital as partners marks a turning point in the development of ÑAM Restaurants.
The company, with a strong presence in the Basque Country and Navarre, is strengthening its shareholding structure with the aim of bringing its culinary offering to new cities like Madrid.
Madrid, May 26, 2025 – ÑAM Restaurantes has formalized the entry of Pangram Capital Partners II SCR Pyme (vehicle managed by Quadriga Asset Managers) and Growth Iberia – FCR Europeu Fechado EUVECA (fund managed by the Portuguese venture capital company Growth Partners Capital) as partners in its share capital, with the aim of scaling its model and expanding its territorial presence.
With a history spanning more than 30 years, ÑAM Restaurants has built a solid network of 15 establishments in the Basque Country and Navarre, under two complementary concepts: Ñam and Bilbbo, with a common philosophy: to offer an honest, fast, and affordable gastronomic experience, without sacrificing product quality or friendly service.
This transaction marks a turning point in ÑAM Restaurantes' history, providing not only capital but also comprehensive strategic support aimed at professionalizing the structure, strengthening internal capabilities, and scaling the business model to new locations in northern Spain, in addition to entering the Community of Madrid.
The new phase of ÑAM Restaurants is built on a shared vision: to consolidate a national restaurant operator that preserves its local essence and commitment to quality.

PKF Attest , advisor at ÑAM Restaurants
ÑAM Restaurantes ' ownership has had the support of PKF Attest as an advisor in key areas of the business, receiving expert support in both the financial and legal fields.
Our involvement has allowed the company to make decisions with greater confidence, optimize its financial structure, and ensure regulatory compliance across all its operations. As a multidisciplinary consulting and advisory firm, at PKF Attest we add value at every stage of business growth, consolidating our clients as leaders in their sector.
