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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Oct- 2023 -4 OctoberNews
City Pub Group acquires two pubs in London and Oxford
The City Pub Group, the owner and operator of 52 premium pubs across Southern England and Wales, has recently announced the completion of the acquisition of two additional pubs in London’s Soho and in Oxford. The group has acquired a premium freehold investment which is currently operated as Simmons in…
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Sep- 2023 -29 SeptemberNews
Today’s news in brief – 29/09/23
Hostmore has postponed any new restaurant openings until 2025, saving about £15m in cash expenditures due to challenging trading conditions. The company reported improved cost reductions of £8.2m for the 26 weeks ending July 2, benefiting FY23 by £5.8m. H1 2023 delivered negative EBITDA of £3.8m, compared with positive £7.1m…
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29 SeptemberPubs and Bars
Mitchells and Butlers sales jump 9.1% in Q4
Mitchells and Butlers has grown its like-for-like sales by 9.1% during Q4 ended 23 September, as it sustained growth in both food and drink volumes. Against its pre-pandemic results, Mitchells and Butlers’ year-to-date like-for-like sales increased by 10.5%, with growth attributed to higher spend-per-head. According to the pub operator, it…
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27 SeptemberPubs and Bars
Hydes posts ‘record’ £34.1m turnover in FY23
Salford-based brewer and pub operator, Hydes, has announced a record turnover of £34.1m for the year ending 2 April, an increase of £5.8m on last year’s total of £28.3m. The company has partially attributed its performance to decisions made in previous years to fix energy costs until 2024, having entered…
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22 SeptemberPubs and Bars
JD Wetherspoon puts new pubs up for sale
JD Wetherspoon has confirmed that it has put a further 11 pubs across England and Wales up for sale. CBRE and Savills have both been appointed to oversee the sales of the pubs which are mainly freehold properties with one leasehold property. The company has confirmed that all the pubs…
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22 SeptemberPeople
Hydes Brewery appoints head chef of The Harry Beswick
Hydes Brewery has announced the appointment of Michaela Shaw as its new head chef for The Harry Beswick, the premium dining pub due to open this autumn in Heswall. Shaw, who has worked in hospitality for over a decade and was previously at The Hornsmill in Helsby, will be responsible…
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20 SeptemberPubs and Bars
Arc Inspirations sales jump 7.5% amid expanded estate
Bar group Arc Inspirations has announced an annual sales growth of 7.5% up to £40.8m for the year ended 26 March 2023. Alongside this the company posted an adjusted EBITDA of £3.84m, overcoming economy-wide inflationary and staffing pressures. Company EBITDA for the year was lower than the previous period, which…
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19 SeptemberNews
Today’s news in brief
Canadian restaurant chain Tim Hortons is expanding in the UK using a franchise model to grow its portfolio of 75 restaurants. After five years of testing and learning, the brand plans to open both drive-thrus and high street locations in new towns and cities across the country. Tim Hortons entered…
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19 SeptemberNews
White Rabbit Projects appoints new CFO
Specialist hospitality incubator, White Rabbit Projects (WRP), has appointed Paul Deeming, formerly of André Balazs Properties, Hakkasan and Ignite Group, as its new group CFO. Joining the business following WRP’s multi-million pound investment from McWin, Deeming comes with 20 years of experience leading and growing hospitality, leisure and marketing businesses.…
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15 SeptemberTrade Associations
UKH Scotland urges govt to cap visitor levy bill
UKH Scotland has urged politicians to agree to a cap on the number of nights a levy can be charged to mitigate the impact a levy would have on Scotland’s appeal as a visitor destination. This is in response to the local government’s housing and planning committee’s consultation on the…
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