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- 2020 -8 DecemberRestaurants
Barburrito secures future with sale to co-founders
Barburrito, the Mexican eatery, has secured its future through an administration sale securing new investment in the business. Barburrito chairman Graham Turner leads a new investment in the business, alongside other private investors, backing the existing management team of Morgan Davies, founder and CEO and Steve Herring, finance director. The…
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7 DecemberCoronavirus
Star Pubs and Bars offers licensees up to 90% rent concessions
Star Pubs and Bars has announced it is investing ยฃ5m in rent concessions this December, as its venues across the UK are still unable to operate fully due to Covid-19.ย The groupโs support has been devised in line with the new tiered system, with Tier one licensees being offered a…
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3 DecemberBusiness
Cain International snaps up Prezzo
Italian restaurant chain Prezzo has been acquired by the privately held investment firm, Cain International, for an undisclosed fee. A self-proclaimed โlong-term investorโ, Cainโs existing portfolio in the hospitality industry includes Swingers, Maslowโs Group, and The AllBright. While the sector is currently enduring a difficult period, the investment firm said…
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Nov- 2020 -30 NovemberCoronavirus
Covid impact stronger on UK coastal hospitality, APPG finds
The impact of Covid-19 will be more pronounced on the UKโs coastal and lakeside regions because of their dependence on hospitality and tourism, a new report by the All-Party Parliamentary Group (APPG) for hospitality and tourism finds. The research, which aims to highlight the damage the pandemic has had on…
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26 NovemberBusiness
Mitchells & Butlers: 1,300 staff made redundant as losses reach ยฃ123m
Mitchells and Butlers, the pubs, bars, and restaurants group, has announced pre-tax losses of ยฃ123m for the financial year ended 26 September. Also revealed in the companyโs full year results was the confirmation of approximately 1,300 redundancies since the year end. The firmโs revenues took a hit as a result…
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26 NovemberNews
UKH calls for increased government support
UKHospitality has called for increased government support, reiterating that hospitality jobs can โcatalyseโ the UKโs economic recovery, and avoid a further rise in unemployment. Commenting on the spending review announcement, Kate Nicholls, chief executive for UKHospitality, said hospitality jobs are at the โcore of the grave unemploymentโ that is forecasted…
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25 NovemberRestaurants
Bird announces five-year expansion plan
Bird Restaurants has announced an โambitious expansion planโ with several new site launches planned for early 2021. News of the expansion closely follows the appointment of the groupโs new managing director, Andrew Clover.ย The fried chicken and waffles chain currently has a range of sites across London, including Brixton, Westfield,…
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12 NovemberCoronavirus
Hospitality figures pen letter calling for EIS amendment
Hospitality figures backed by the UK hospitality trade bodies have written an open letter to Rishi Sunak calling for an amendment to the current EIS and SEIS to โboost private investment in the sector and provide an alternative to government loansโ. The proposals from Alan Lorrimer, founder of The Piano…
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5 NovemberCoronavirus
Star Pubs and Bars offers licensees 100% rent concessions
Star Pubs and Bars has announced it is offering its licensees 100% rent concessions, in a bid to support its tenanted pubs through Englandโs second lockdown of this year.ย The group is to offer zero rent entirely for all its pubs on core leased and tenanted agreements during the four…
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4 NovemberCoronavirus
Trade bodies call for plan to secure future of industry and its supply chain
Trade bodies representing the UKโs hospitality, pubs and their supply chain businesses have called on the government to provide a six-month investment plan to secure the future of those sectors. In a letter to the chancellor, UKHospitality, the British Beer and Pub Association (BBPA), British Institute of Innkeeping (BII), Campaign…
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