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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Dec- 2023 -13 DecemberNews
Todayโs news in brief – 13/12/23
November saw a 4% year-on-year rise in sales for leading hospitality groups, the CGA RSM hospitality business tracker revealed, which has extended a 14-month streak of like-for-like sales increases. While pubs surged 5% and restaurants hit 4.9% growth, bars saw a 6.9% decline. Notably, London’s total sales growth of 3.5%…
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13 DecemberPubs and Bars
Proper Pubs opens 200th pub in Glasgow
Proper Pubs, the community wet-led operator division of Admiral Taverns, has opened its 200th pub, the Chrystal Bell, in Gallowgate, Glasgow, ahead of Christmas. The news of the groupโs 200th opening comes after Proper Pubs invested over ยฃ10m into its estate to support local communities, with 17 pubs having opened…
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7 DecemberBreweries and Distilleries
Hydes Brewery appoints new GM at the Hornsmill
North West brewery and pub retailer Hydes Brewery has appointed Sam Self as the new general manager at its premium dining pub, the Hornsmill at Helsby.ย With almost 15 years of experience in the hospitality trade and having worked at managerial level in and around Merseyside and Cheshire, Self was…
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6 DecemberNews
Todayโs news in brief – 06/12/23
SSP reported a 38% rise in revenues to ยฃ3bn and doubled its EBITDA during FY23. This success was fueled by revenue growth and profit conversion, with a notable 25% H2 revenues increase on a constant currency basis. While North America, APAC, and EMEA regions contributed strongly, the UK and Europe…
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6 DecemberPubs and Bars
Drake and Morgan EBITDA slides amid โrecordโ xmas bookings
Drake and Morgan has seen its adjusted EBITDA fall to ยฃ4.1m for the year ended 26 March 2023, down from ยฃ5m in the same period last year. However, the company saw its turnover increase to ยฃ43.3m up from the ยฃ35.9m it posted last year. The company put the EBITDA fall…
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4 DecemberNews
Todayโs news in brief – 04/12/23
The week ending 25 November saw a 5% decline in drinks sales year-on-year, compared to last yearโs World Cup period. Monday and Friday showed stark drops due to England’s matches in the tournament. However, the other five days saw positive growth, with Saturday leading at a 13% increase. Beer and…
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4 DecemberPubs and Bars
Greene King launches estate-wide energy-saving initiative
Greene King has launched an initiative to install energy-saving technology in 600 managed pubs by the end of 2023, with further sites planned to benefit from the scheme in 2024.ย The voltage optimisation technology that will be installed at each pub will help to regulate the incoming power supply by…
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Nov- 2023 -30 NovemberNews
Knoops to double in size following ยฃ8.3m fundraising
Knoops, the chocolate cafe, has announced plans to more than double in size in 2024 following a ยฃ8.3m fundraising which leaves the business debt-free and positioned for higher profits next year.ย The fundraising, led by a ยฃ5.5m investment from the London-based retail and property group Morleys Stores Limited, allows Knoops…
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28 NovemberRestaurants
Loungers sales rise 7.7% in H1
Loungers has reported that like-for-like sales rose 7.7% year-on-year in the half year ended 1 October, also marking 24% ahead of pre-pandemic levels.ย The restaurant operatorโs adjusted EBITDA also increased 28.2% to ยฃ17.3m during the period.ย Due to its โconsistentlyโ strong trading, the group is on track to open 34…
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24 NovemberPubs and Bars
Admiral Taverns reopens The Spinners after ยฃ250k refurb
Admiral Taverns has reopened The Spinners, a local pub in Leigh, following a combined investment of ยฃ250k from the pub group and licensees Karen and Naomi Baird.ย The investment has changed the interiors of the pub, which now has two new bars, flooring and furniture throughout.ย The venueโs beer garden,…
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