Camm and Hooper acquired by Broadwick Group in pre-pack deal
Prevailing market conditions resulted in a slower than anticipated return on investment and the group began to encounter cashflow issues
Register to get 1 more free article
Reveal the article below by registering for our email newsletter.
Want unlimited access? View Plans
Already have an account? Sign in
London-based events catering business, Camm and Hooper, along with its sister company Camm and Hooper Waterloo Limited, have been acquired by a wholly-owned subsidiary of Broadwick Group out of administration for an undisclosed amount.
The pre-pack sale secured the future of the business, which has four sites across the capital, and saved 72 jobs.
Following a “successful” marketing process, administrators at Quantuma completed the sale, which saw all staff from Camm and Hooper transfer to the purchaser under TUPE regulations.
The group reported turnover of £10.5m in 2024, having invested in expanding its portfolio of event spaces in recent years.
However, prevailing market conditions resulted in a slower than anticipated return on investment and the group began to encounter cashflow issues.
As a result, it explored raising new equity whilst also seeking a buyer. Although a sale was progressed that would have resulted in additional working capital being injected into its trading businesses, and negotiations had reached an advanced stage, the sale fell through and the business was unable to restructure outside of a formal insolvency process.
Founded in 2010, Camm and Hooper is a “well-established” events management brand that operates venues such as Banking Hall, Oxo 2 and 26 Leake Street, where they deliver a wide range of events for corporate and private clients.
