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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Jul- 2020 -23 JulyBusiness
Chilango set to call in administrators
Mexican fast food chain Chilango is reportedly set to call in administrators, potentially putting 152 jobs at risk of redundancy. According to The Guardian, the move could lead to the closure of Chilangoโs 12 restaurants located in London, Manchester and Birmingham. Further to this, investors who contributed to the groupโs…
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20 JulyRestaurants
Zizzi and Ask Italian to close 75 sites, 1,200 jobs at risk
Some 75 Zizzi and Ask Italian sites are set to close after the restaurant’s owner, Azzurri Group, was acquired by TowerBrook Capital Partners. The move has placed 1,200 jobs at risk and is the result of โunprecedented levelsโ of disruption in recent months as a result of the Covid-19 pandemic.…
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6 JulyCoronavirus
Hospitality sector calls for business investment package
Industry leaders in hospitality have urged the government to commit to an โambitiousโ programme of business support and investment to stimulate the revival of the sector as restrictions begin to ease.ย In a letter signed by 120 hospitality leaders, the government has been called on to โact decisivelyโ for a…
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1 JulyComment
Will technology become a caterer’s best friend when doors reopen?
July 4th will undoubtedly be a day of celebration not just for hospitality professionals, but for the whole country, as bars, pubs and restaurants are given the green light to open their doors once more. But happiness will be mingled with apprehension for many restaurant owners, wondering how social distancing…
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1 JulyCoronavirus
Investment into hospitality sector tumbles as coronavirus hits
Business investment in hotels and restaurants has fallen by more than 6% in a year as coronavirus โravagesโ the sector, analysis by specialist tax relief consultancy Catax shows. Total business investment in the sector fell by 6% to ยฃ1.26bn in the first quarter of 2020, down from ยฃ1.34bn for the…
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Jun- 2020 -25 JuneBusiness
Amazonโs proposed stake in Deliveroo cleared by CMA
The Competition and Markets Authority (CMA) has provisionally cleared Amazonโs 16% investment in Deliveroo for the second time, on the basis that it is not likely to result in a โsubstantial lessening of competitionโ. In its initial provisional findings, published in April, the CMA provisionally cleared Amazonโs investment on the…
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23 JuneCoronavirus
Soho House secures $100m in equity funding
Soho House has reportedly secured an additional $100m (ยฃ80.2m) to help it see out the impact of the coronavirus pandemic which has seen the closure of its restaurants and member clubs. According to Sky News, Sohoโs biggest investor, American millionaire Ron Burkle, has formed a group of new and existing…
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23 JunePubs and Bars
Star Pubs and Bars reveals ยฃ250k investment package
Star Pubs and Bars has announced it is investing in a โcomprehensiveโ reopening support package for its 2,500 pubs. The package includes a ยฃ250,000 investment into point-of-sale safety materials, with a free pack available to every licensee. The latest investment adds to Star Pubs and Barsโ ยฃ21m investment in rent…
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18 JuneBeverages
Greene King CEO apologises for brand’s โinexcusableโ slavery links
Pub operator Greene King has said that the brandโs historical association with 19th Century slavery was โinexcusableโ. The groupโs apology follows revelations that one of the operatorโs founders profited from 19th Century slavery, and argued against its abolition. According to The Telegraph, founder Benjamin Greene was one of the 47,000…
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18 JuneBeverages
Greene King unveils plans for reopening amid pandemic
Greene King has unveiled details of how its pubs will look and operate ahead of re-opening, including โPub Safeโ, a new set of five promises to its team and customers. All Greene Kingโs 1,700 managed pubs will follow a new set of Pub Safe promises, designed to look after team…
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