Gail’s

McWin in talks to acquire Flat Iron

Gail’s Bakery backer McWin Capital Partners is in talks for a deal to acquire steak restaurant Flat Iron, according to reports from Sky News. McWin has reportedly teamed up with TriSpan to try and buy a large stake in the restaurant chain. As it currently stands it is unclear what…

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Gail’s opens two travel sites with Network Rail

Network Rail has welcomed two new Gail’s at London Bridge and London Liverpool Street stations, as part of the bakery chain’s entry into travel retail.    Gail’s London Bridge, which has just opened, occupies 980 sq ft and gives customers a clear view of the bakery engine room to “add a…

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McWin Capital in talks to acquire Gail’s

London-based investment firm McWin Capital Partners is reportedly in talks to acquire bakery-café chain Gail’s from parent company, Bread Holdings, according to Bloomberg.  It comes as McWin Capital owners, Henry McGovern and Steven Winegar, already hold shares in Gail’s via their EBITDA Investment business, which partnered with Bain Capital Credit,…

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Today’s news in brief – 20/05/24

Drinks sales rose 13% for the week ended 11 May as warm weather emerged. Trading was well up on all seven days of the week, beginning with a 17% uplift on Bank Holiday Monday, 6 May. The sunshine made it a good week for Long Alcoholic Drinks (LAD) categories, with…

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Knoops appoints new CMO

Knoops, a chocolate drinks retailer which operates cafes in the UK, has announced the expansion of its senior leadership team with the appointment of Romy Miller as chief marketing officer. Miller joins Knoops from KellyDeli, the owner of Europe’s largest sushi brand, Sushi Daily, with 1,200 outlets. She was previously…

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Today’s news in brief – 02/04/24

Revolution Bars shares have been suspended after it failed to produce interim results. It follows the closure of eight Revolution bars across England in January with the company blaming the cost of living crisis. The group confirmed it was in talks with shareholders and investors, including hospitality entrepreneur Luke Johnson,…

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Revolution Bars shares suspended amid uncertain future

Revolution Bars has had its shares suspended from trading on AIM after it failed to produce its interim financial results. The company was required to publish its results by 30 March 2023 but was unable to do so. It follows the closure of eight Revolution bars across England in January…

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Gail’s owner in talks over potential sale

Gail’s owner, Bread Holdings, is reportedly readying to appoint advisers for a sale of the bakery and coffee chain for more than £200m, according to Sky News. It is understood that Bain Capital Credit and EBITDA Investments, a fund backed by restaurant investor Henry McGovern, are planning to appoint bankers…

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