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- 2023 -28 NovemberNews
TRG shareholders approve £506m Apollo deal
The Restaurant Group shareholders have formally voted in favour of the company sale to US-based private equity company Apollo Global Management for £506m. During a general meeting held yesterday (27 November), 93.5% of shareholders voted in favour of the cash acquisition of the group, which includes Wagamama and the pub…
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Sep- 2023 -22 SeptemberNews
Today’s news in brief – 22/09/23
Comptoir Libanais reported revenues of £14.8m for the six months ending 2 July, a 2.1% increase. However, adjusted EBITDA profits were down 73.7% from 2022 levels to £1m due to challenges in the trading environment. Like-for-like sales increased by 6%, with dine-in sales growing by 8.1%. Delivery sales declined in…
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22 SeptemberRestaurants
Yolk raises capital for London expansion
Fine fast food business Yolk is raising capital through private equity firm Growthdeck as it targets expansion across London. The five-site independent offers sandwiches, baked goods and specialty coffee without charging consumers a premium price tag. Yolk said that the brand aims to offer a “revolutionary improvement” in Londoners’ grab-and-go…
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8 SeptemberCatering Companies
Food and beverage sector sees rise in M&A activity
Food and beverage M&A activity has increased 13% in Q2 2023, after welcoming signs of recovery at the start of 2023, according to new research from Grant Thornton UK LLP. The firm’s analysis has found that 42 deals were recorded in Q2 2023, as deal volumes rose for the third…
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Aug- 2023 -25 AugustBusiness
Subway sold to Roark Capital
Subway has announced that it has entered into a definitive agreement to be acquired by affiliates of private equity firm Roark Capital for an undisclosed sum. The company has branded this is a “major milestone” in the company’s transformation journey, combining Subway’s global presence and brand strength with Roark’s deep…
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Jun- 2023 -20 JuneNews
Hostmore appoints new non-executive director
Hospitality group Hostmore has today announced the appointment of Célia Pronto as an independent non-executive director with immediate effect. Pronto has over 25 years of experience in blue chip listed companies, private equity and venture capital backed start-ups and family-owned businesses. She has worked in subscription model businesses, as well…
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May- 2023 -18 MayNews
Social Pantry appoints new non-executive chairman
Social Pantry, a leading sustainable events and workplace caterer, has recently announced the appointment of James Spragg as new non-executive chairman. Spragg will work closely with CEO and founder, Alex Head, to accelerate the growth of the business, whilst maintaining its core values across sustainability and ex-offender hiring. He joins…
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Jan- 2023 -31 JanuaryRestaurants
TriSpan acquires stake in Mowgli
TriSpan, a global private equity firm, has acquired a stake in Mowgli, a leading Indian casual dining restaurant group, after it invested through its dedicated restaurant fund Rising Stars. Nisha Katona MBE, founder of Mowgli, will continue to lead the group as CEO in its next phase of growth, supported…
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26 JanuaryPeople
Hostmore chairman to step down
Hostmore has announced that its chairman and non-executive director, Gavin Manson, will be retiring at the end of the annual general meeting on 25 May 2023 to focus on his other executive commitments. As a result, the board has appointed Stephen Welker, a current non-executive director, has agreed to become…
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Nov- 2022 -11 NovemberPeople
Various Eateries appoints interim CFO
Various Eateries has announced that James Darwent is joining its board as director with immediate effect, where he will act as interim CFO following the news Oli Williams has stepped down from the role. According to the company, Darwent has been working alongside Williams since joining the company on 26…
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