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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Jun- 2023 -16 JuneNews
F1 Arcade announces expansion plans following £30m funding
F1 Arcade, the pioneering social hospitality concept and the first official Formula 1 simulator racing experience, has announced a successful £30m investment to fuel the next phase of international growth. Following the “resounding success” of its flagship site in St. Pauls, London, which continues to surpass revenue expectations, F1 Arcade…
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15 JunePubs and Bars
Fullers sees 33% rise in revenues to £336.6m
Pub and hotel chain Fuller, Smith and Turner has reported a 33% rise in revenues to £336.6m in FY2023 compared with £253.8m in FY2022, according to its latest figures for the 53 weeks ended 1 April 2023. According to Fuller’s, who continues to recover from the pandemic, revenues increased despite…
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15 JuneNews
Costa Coffee and Wendy’s to open at Ram Jam Services
Costa Coffee and Wendy’s have recently signed up two new leases for retail space at Godwin’s newest roadside development Ram Jam Services. Costa Coffee has taken a 1,788 sq ft unit whilst Wendy’s, via its franchisee Blank Table Ltd, has signed up to 3,305 sq ft. These deals follow Godwin’s…
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15 JunePubs and Bars
Vaulkhard Group acquires two pubs amid £4.5m funding package
Newcastle-based leisure operators, Vaulkhard Group, has acquired two pubs after it secured a funding package of £4.5m from HSBC UK. The group, which owns a number of bars and pubs in the city, including Barluga, Redhouse and The Beehive, has acquired the Town Wall and Bridge Taverns in central Newcastle. …
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14 JuneNews
Everards turnover hits £31.4m in FY22
Leicestershire-based brewer and pub operator Everards has reported a turnover of £31.4m for the year ended September 2022. The 154 pub estate has recovered well since the end of the pandemic, with profit before tax of £2.7m and like-for-like profit growth to June 2023 of 6.3%. Everards said it continues…
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14 JuneTrade Associations
Hospitality can deliver £29bn economic boost with right support, says UKH
In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new report launched at UKHospitality’s summer conference. It also showed that employment in the sector has risen to 3.5m, making hospitality the third largest employer in the country. The report, produced…
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12 JuneNews
Nightcap acquires Dirty Martini for £4.65m
Late night bar operator Nightcap has announced the acquisition of Dirty Martini cocktail bar chain and its restaurant Tuttons in Covent Garden for £4.65m. Dirty Martini experienced tough trading conditions over the last year, in line with the hospitality industry in general, including the negative consequences of train strikes, the…
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8 JuneNews
Adnams FY losses widen to £1.2m despite rise in revenues
UK brewer, hotelier and wine merchant Adnams has reported its operating losses widened to £1.2m in FY22, against a loss of £800m the prior year, despite reporting that revenues rose by 11.9% to £64.2m. It comes as Adnams said that its production operations were “hard hit by rising prices and…
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6 JuneRestaurants
The Calcot Collection launches new restaurant and café lounge
Calcot and Spa in Gloucestershire has unveiled its new restaurant, The Brasserie, and day-to-night café lounge, The Hive. Serving breakfast (for guests), lunch, dinner afternoon tea and Sunday lunch, The Brasserie overlooks the surrounding gardens and rewilded grounds. According to the hotel, interiors and menus of the new restaurant are…
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1 JuneCatering Companies
OVG acquires Rhubarb Hospitality Collection
Oak View Group (OVG), a global development, service, and investment company for the sports, live entertainment, and convention industries, has acquired Rhubarb Hospitality Collection (RHC), a high-end hospitality provider in the catering industry. The purchase of the premium hospitality group from LGT Private Debt aims to “elevate the experience for…
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