Epiris has entered exclusive talks to buy the Casual Dining Group.
Alix Partners, which is handling the administration of the group, confirmed last night that it had entered exclusive talks with Epiris, although the exact number of sites in the deal would depend on talks with landlords.
The group, which operates Café Rouge, Las Iguanas and Bella Italia, has already shut down 91 of its 250 sites.
Itsu has also appointed Alix Partners to advise it on options including a CVA or administration.
The sushi chain, which has 75 stores, has been sorely affected by the reduction in commuting office workers, particularly in London.