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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May- 2023 -19 MayNews
Cรดte turnover hits ยฃ144.9m in FY22
Cรดte Restaurant Group has reported turnover of ยฃ144.9m for the year ended in September 2022.ย Like-for-like turnover was flat compared to the one in 2019, reflecting the Omicron impact on Christmas trading and the impact of the cost of inflation being borne by guests. Adjusted EBITDA for the year was…
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18 MayPubs and Bars
The Stables reopens after multi million-pound refurb
The Stables in Newcastle, has reopened its doors after completing a multi million-pound refurbishment. Bought by The Inn Collection Group in late 2020, the first phase of the refurbishment has seen the replacement of the original bar near the main entrance with a new installation, creating a near three-fold increase…
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17 MayComment
How can the hospitality sector prepare for the busy summer months?
Despite current economic headwinds, many businesses in the hospitality sector are looking for new ways of furthering growth opportunities in the upcoming summer months. In their 2023 sector outlook, Barclaycard revealed that consumer card spending on hospitality and leisure increased 10.6% year-on-year in 2022, as the lifting of all Covid-19…
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15 MayNews
Pub Punch Q2 revenues hit ยฃ158m
Punch Pubs has recently reported revenues of ยฃ158.1m for the 28 weeks ended February 2023, compared to ยฃ142.6m for the same period last year. Earnings before taxes for the group were ยฃ37.5m, slightly less than the ยฃ38.6m reported the previous year. Punch Pubs has said that last yearโs results benefited…
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15 MayBusiness
MJMK breaks through ยฃ1M crowdfunding target in hours
Restaurant group MJMK has reached its ยฃ1m crowdfunding target within the first hours post launch, with the current total close to ยฃ1.2m. The campaign is aimed at raising funds to open a new concept with celebrated chef-partner Santiago Lastra (of KOL) and accelerate the expansion of the popular Casa do…
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12 MayFeatures
Why customer loyalty can be your inflation crisis lifeline
Can you tell us about your experience in customer loyalty and your role at Antavo?ย Iโm the chief strategy officer and one of the co-founders of Antavo, the enterprise loyalty programme management software. I started thinking about Antavoโs business plan more than 12 years ago. Eventually, the company was founded…
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3 MayFeatures
The โMarket Placeโ of Ideas: Reinventing the dining experience
โI think the way the industry is going and where people see casual dining, is completely changing. The fact is now you can go out with a group of friends, and all have the same experience of being somewhere but all have a completely different food and drink experience. I…
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3 MayNews
Restaurant Brands International sees Q1 earnings hit $588m
Restaurant Brands International which runs Burger King, Popeyes, Tim Hortons and Firehouse Subs, has revealed its earnings hit $588m (ยฃ469m) for the quarter ending in March 2023 as its global sales increased 10%. The company said the performance, which beat analysts expectations, was driven by increases in its segments as…
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2 MayNews
Heinkenen to invest ยฃ40m in Star Pubs upgrades
Heineken has recently announced it will invest ยฃ40m in upgrading almost a quarter of the pubs in its Star Pubs & Barsโ estate in 2023.ย A total of 570 pubs will benefit from the improvements, with 100 of these scheduled for major revamps averaging ยฃ200,000 each, creating around 600 new…
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2 MayPubs and Bars
Liberation Group expands managed pubs portfolio in Q1
Pub operator Liberation Group has revealed that for the 12 weeks to 22 April, its portfolio of managed pubs increased by 4.7% like-for-like in the UK, while food and drink increased by 4.4% and 2.8% respectively.ย While accommodation saw a rise of 13.9% among the groupโs managed pubs, its estate…
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