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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Sep- 2021 -17 SeptemberRestaurants
Electra confirms plans to demerge Fridays
Electra Private Equity has confirmed plans to demerge its Fridays and 63rd+1st brands under a new parent company, Hostmore. The firm had previously announced plans to demerge the brands earlier this year. It is planned for the shares in Hostmore to be admitted to the main market of The London…
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9 SeptemberPeople
Itsu appoints new CCO
Itsu has announced the appointment of Neil Miller as its new chief customer officer (CCO). In the newly created role, Miller will lead the development and strategy of Itsu’s customer proposition, marketing, digital transformation and management of the brand. Prior to joining the group, he spent 25 years as a…
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Aug- 2021 -24 AugustPeople
Hawthorn CEO steps down following Admiral sale
Community pub company Hawthorn has released a statement announcing the departure of Mark Davies as CEO at the group. The move follows the completion of Hawthorn’s acquisition by Admiral Taverns, which saw 674 pubs transferred to now run under the operation of Admiral in a move funded by Proprium Capital…
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4 AugustBusiness
PE firm TriSpan acquires Pho
TriSpan, a global private equity firm, has announced its acquisition of a majority stake in Pho, the Vietnamese restaurant group. Carried out by the company’s dedicated restaurant fun Rising Stars, the terms of the transaction have not been disclosed. Following the takeover, Robin Rowland, European operating partner at the private…
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Jul- 2021 -14 JulyPeople
SSP CEO Simon Smith to step down
SSP Group, the food and beverage travel outlet operator, has announced that Simon Smith is stepping down from his role as group CEO. Smith advised the firm’s board that he will be leaving at the end of 2021 to pursue a new opportunity at a private equity-backed business. Prior to…
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Jun- 2021 -24 JuneCoronavirus
Industry leaders predict ‘positive outlook’ for hospitality after lockdown
The UK’s hospitality industry will have a “broadly positive future”, according to leading industry figures who spoke at the latest installment of Colliers’ ‘Real Estate Restructuring Strategies: Beyond Covid-19’ webinar series. Among the panellists were Peter Stevens, the former UK TMA president and senior advisor at SME Capital; Nicholas Northam,…
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21 JuneRestaurants
Itsu to open 100 new stores after securing investment deal
Itsu, an Asian-inspired restaurant chain, has announced plans to create 100 new venues across the UK as part of its partnership with private equity firm, Bridgepoint. Founder of Itsu, Julian Metcalfe, said the new partnership “secures tremendous growth” for the restaurant group – which is recovering from the impact of…
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16 JuneRestaurants
Hostmore named as TGI Fridays’ demerged owner
Electra Private Equity, the owner of TGI Fridays, has revealed Hostmore PLC as the trading name of its new parent company for the group’s hospitality brands. Hostmore will control Electra’s firms that are set to be demerged and admitted to the main market of the London Stock Exchange in Q3…
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May- 2021 -24 MayBusiness
Electra plans TGI Fridays FTSE demerger
Electra Private Equity, the owner of TGI Fridays, has revealed that plans to list the restaurant chain on the FTSE Main Market in Q3 of this year are “well advanced”. The announcement came as a part of the group’s results for the half year to 31 March 2021, where it…
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20 MayPubs and Bars
Maven Leisure secures £4.3m funding for acquisition spree
Maven Leisure is set to raise £4.3m through private equity investment firm Growthdeck in a bid to open a host of new London bars upon the lifting of lockdown. The new venture, which is led by the founders of ETM Group, is looking to use the funds to launch seven…
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