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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Jan- 2021 -21 JanuaryPubs and Bars
Anand raises £200m for pub sector spending spree
Rooney Anand, the former chief executive at Greene King, has raised £200m to invest in the UK’s faltering pubs sector, Sky News has revealed. The investment is likely to come in a series of acquisitions in the coming months, in a bet on an industry-wide post-pandemic recovery. While sources told…
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11 JanuaryRestaurants
Electra eyes TGI Friday’s sale
The private equity owner of TGI Friday’s Electra is reportedly planning to put the restaurant chain up for sale later this year. According to The Times, Electra is planning to sell off its assets before the end of the year and return the proceeds to shareholders. Electra acquired TGI in…
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Dec- 2020 -18 DecemberNews
Deltic saved by Nordic buyout
Deltic, the UK’s largest operator of late-night bars and clubs, has been bought out of administration by Rekom UK, the British subsidiary of the Nordics’ largest nightlife group. The deal will see Rekom takeover 42 bars and pubs across the UK, possibly saving over 1,300 jobs in the process. Rekom…
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Nov- 2020 -23 NovemberNews
Deltic warns of collapse without sale
Deltic, the UK’s largest nightclub operator, has told landlords that the firm faces closure if a sale is not agreed, according to Sky News. Closure of the company, which owns the Oceana and Pryzm club brands, would reportedly put over 1,000 jobs across 52 venues in the UK at risk. …
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Sep- 2020 -14 SeptemberPeople
The Big Table appoints Mike Tye as chairman of The Big Table
The Big Table, which was recently formed to acquire and operate the Bella Italia, Café Rouge and Las Iguanas restaurant brands, has appointed Mike Tye as its non-executive chairman. With “extensive” board-level experience across the out-of-home food and drink market, the company said Tye will work closely with Epiris, the…
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2 SeptemberPeople
Dominos announces board and CFO appointments
Dominos has announced that Natalia Barsegiyan and Lynn Fordham will join its board as independent non-executive directors, with effect from 16 September 2020. In addition, the pizza chain announced that Neil Smith, the current interim CFO, has been appointed as permanent CFO. Following their appointment, Barsegiyan and Fordham will be…
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Aug- 2020 -21 AugustCoronavirus
Accommodation and food service sectors see 53% drop in insolvencies
The accommodation and food services sectors have seen a 53% drop in insolvencies from May to July 2020, compared to the same period in 2020. According to RSM, some 597 insolvencies were recorded by the Insolvency Services for May to July 2019 and 279 for the same period this year.…
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10 AugustRestaurants
22,000 restaurant jobs lost so far in 2020, double 2019 total
The number of jobs lost across the embattled restaurant and casual dining sector so far this year is already nearly double the amount shed during the whole of 2019. Figures compiled by the Centre for Retail Research show so far a total 22,039 jobs were lost across large restaurant groups…
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3 AugustRestaurants
Casual Dining Group rebrands following takeover
The Casual Dining Group (CDG) has rebranded as The Big Table, following its acquisition by private equity firm Epiris. A new business formed by the firm has successfully concluded a deal to take control of the Las Iguanas, Bella Italia and Café Rouge chains, alongside their existing management team led…
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Jul- 2020 -16 JulyCoronavirus
Pizza Express set to fall into hands of its lenders
Pizza Express is reportedly set to fall into the hands of its lenders, possibly as early as this month, which could lead to the possibility of store closures. According to the Financial Times, its lenders are in talks with its Chinese owners Hony Capital for a debt-for equity swap with…
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