Equistone Partners Europe has acquired a majority stake in Gaucho from ICG for about £100 million, according to reports. The company owns restaurant brands Gaucho and CAU, which together operate 30 Argentinian-style eateries in the U.K. and four others around the globe. The restaurants serve authentic Argentinian fare, including high-quality grass-fed beef, produce and an extensive selection of wines. Equistone partners Dominic Geer and Joyce Church will join the Board of Gaucho as part of the transaction. The investment comes from the firm’s Fund V, which closed on €2 billion in 2015.