Private equity
Reporting centres on investment activity across the UK hospitality and foodservice sector, with analysis of buyouts, growth capital, and ownership changes involving restaurant groups, pub companies, and catering operators. Coverage includes deal flow, fund strategy, portfolio performance, and investor outlook, offering valuable intelligence for senior executives, founders, and stakeholders navigating funding, expansion, and exit planning.
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Nov- 2019 -15 NovemberAdvice
Why food businesses are an enticing prospect for angel investors
While it remains a tough time for dining on the High Street, the seeds of recovery are being planted, thanks to the health of start-ups in the food industry. The UK, led by London, is now one of the leading investment centres for the food and beverage sector. Angel investment…
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Oct- 2019 -11 OctoberPeople
Wasabi appoints Henry Brits as new CEO
Sushi restaurant Wasabi has appointed Henry Brits as its new CEO, announcing that he will join the business on 29 November. Brits has previously worked at Yum! Brands and was involved in the turnaround of Pizza Hut Restaurants under private equity ownership. Earlier this year Wasabi secured investment from investment…
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8 OctoberRestaurants
Fears over Pizza Express restaurants as debt talks emerge
Pizza Express has reportedly hired advisors to help its debt situation, sparking fears that it could be the next chain to collapse. According to Pizza Express’ latest annual report, the 470-store pizza chain restaurant finished last year with a £1.12bn debt after a pre-tax loss of £55m. The pizza chain’s…
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Aug- 2019 -1 AugustAnalysis
Who now thinks Byron was worth £100m?
There was a time when Byron was all the rage. Perhaps the earliest successful British recreation of the exploding American ‘posh burger’ trend, it struck a chord with affluent London millennials and quickly became a posterchild for high-growth restaurant businesses in the fast-casual segment. Founded by Tom Byng in 2007…
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Jun- 2019 -17 JunePubs and Bars
The Alchemist turnover set to reach £50m after expansion
Bar and restaurant The Alchemist has said it is on track to achieve revenues of £50m at the end of the financial year following a period of rapid national expansion. Founded in 2010, The Alchemist originally set up in Manchester before opening venues in Leeds and London. The company was…
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May- 2019 -31 MayCatering Companies
CH&Co refinance with Equistone
Private equity investors Equistone has completed the refinancing of hospitality caterer CH&Co. CH&Co, which employs nearly 6,500 people, provide catering services for some of the UK’s leading companies, charities and organisations, as well as holding a Royal Warrant for the provision of catering services to HM Queen since 2013. Having…
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Feb- 2019 -25 FebruaryRestaurants
UK managed restaurant numbers drop for first time in nine years
Britain’s supply of casual dining restaurants dipped for the first time in nine years in 2018 as a sustained decline in the wider licensed sector continued, according to new research. The new edition of the ‘Market Growth Monitor’ from CGA and AlixPartners revealed Britain had 5,780 managed restaurants in December…
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22 FebruaryPeople
East Coast Concepts appoints new MD
Manchester-based restaurant and bar group, East Coast Concepts has appointed Simon Kaye as managing director as it targets growth across the UK. Kaye has a wealth of experience in the hospitality sector and will be responsible for accelerating growth of the brands throughout the UK and abroad. Prior to his…
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Dec- 2018 -20 DecemberRestaurants
Wagamama to share £4m bonus among staff following TRG sale
Wagamama is to give its employees Christmas bonuses of up to £2,000 from a £4m pot following the sale of the Asian dining chain to The Restaurant Group (TRG) for £599m. Provided they have worked for the company for at least 12 months, head chefs and managers will receive £2,000…
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Nov- 2018 -30 NovemberBusiness
London’s Bonhams to close before Christmas
London’s Michelin-starred Bonhams restaurant has announced it is to close on 19 December. The restaurant has been open for over three years in the auction house of the same name, collecting its Michelin star in 2015. Head chefs, Theo Clench and Tom Kemble announced the restaurant’s closure on Instagram. Clench…
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