Investment
Our coverage tracks financial activity shaping the UK foodservice and hospitality sector, from venture capital and private equity backing to corporate acquisitions, refinancing deals, and growth funding. Our reporting is focused on the operators, brands, and concepts attracting capital, and what that means for the wider industry. Whether you’re a restaurant group seeking funding, a pub chain monitoring market valuations, or a catering contractor analysing competitor growth, our investment coverage delivers intelligence that helps business leaders understand where money is flowing, and why. Expect deep dives, expert commentary, and deal-by-deal context, all tailored to the foodservice trade.
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Jan- 2024 -25 JanuaryNews
Todayโs news in brief – 25/01/24
Hospitality vendors in the North have averaged 7.2% sales growth in 2023, despite the cost of living crisis and escalating business rates. New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed that Newcastle (12.7%) and York (9.2%) lead the uptrend, followed by Sheffield (7.1%),…
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25 JanuaryRestaurants
SushiDog secures ยฃ800k investment for London openings
Quick service restaurant chain SushiDog has secured an investment of ยฃ800k from Middleton Enterprises to fuel the opening of four new sites in London.ย The news marks the second funding round into SushiDog, as Middleton Enterprises invested ยฃ612k into the business in April 2023.ย SushiDogโs โgrab and goโ model offers…
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18 JanuaryPubs and Bars
Youngโs reports 9.0% rise in revenues
Youngโs and Co Brewery has reported a 9.0% increase in managed revenues and 7.2% increase in like-for-like sales for the five-week Christmas and New Year period ending 1 January 2024. Additionally, its total managed revenue rose 6.9% and 4.7% on a like-for-like basis for the 13 weeks ended 1 January…
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17 JanuaryFood and Drink
Mitchells and Butlers sees LFL sales rise to 7.7% in Q1
Hospitality group Mitchells and Butlers has reported strong Q1 results as it recorded a 7.7% like-for-like sales growth, with total sales growth of 9.7%, for the 15 weeks ended 13 January 2024. It also stated that trading continued to strengthen over the festive season. The companyโs like-for-like sales grew by…
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15 JanuaryPubs and Bars
Drake and Morgan delivers record Christmas
Drake and Morgan has announced record festive trading with like-for-like sales up 31.7% against the same period in 2022. This trading followed โrecordโ Christmas bookings which were up more than 20% on last year across its whole estate. Despite this, the company saw its adjusted EBITDA fall to ยฃ4.1m for…
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12 JanuaryNews
Todayโs news in brief – 12/01/24
Nightcap revenues jumped to ยฃ7.4m, spelling a 65.7% rise over Christmas. As a result, revenues for the entire of December 2023 were the largest monthly revenues in its nearly three-year history since IPO. Total December unaudited group revenues were ยฃ9.2m against ยฃ5.9m for December 2022, an increase of 55.9% and…
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12 JanuaryRestaurants
TDR secures majority stake in Popeyes UK
Private equity firm TDR Capital has secured a majority stake in Popeyes UK following a subsequent investment. The news comes after TDR made a ยฃ50m investment in Popeyes last year and has since raised its ownership to effectively overtake dual partner Ring International Holdings, who hold a minor stake. The…
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10 JanuaryPubs and Bars
Wetherspoon agrees deal with Haven for on-site pub
JD Wetherspoon has announced that it has agreed a deal with holiday park operator Haven to operate pubs on its sites. The agreement will see ยฃ1.1m invested into the first Wetherspoon pub, which will open its doors in March at Primrose Valley in North Yorkshire. The deal means that Haven…
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8 JanuaryNews
The Raby Hunt restaurant hits the market ahead of closure
The Raby Hunt, a two-Michelin-starred restaurant near Darlington, has hit the market for an undisclosed amount.ย The restaurant has announced it will close its doors later this month as its two Michelin star chef, James Close, plans to step away and embark on a new challenge at Darlington’s Rockliffe Hall.ย …
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4 JanuaryNews
Amber Taverns sales jump 20% during festive period
Amber Taverns, the owner of 170 freehold community wet-led pubs, has announced strong trading over the key Christmas and New Year festive period across its pub portfolio with like-for-like sales up 20%. Focusing purely on drink sales enables Amber to provide value for money and a tailored wet-led offer with…
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