All Deals articles – Page 16
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NewsFairgame to expand into new markets following acquisition
The fairground-inspired competitive socialising concept, which has been acquired by Tenpin Entertainment, revealed earlier this year that it was looking to secure funding for a move to the US
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NewsShaftesbury Capital reports ‘continued momentum’ across portfolio
The West End landlord says its estates are ‘busy and vibrant’ with high occupancy, footfall and sales volumes
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NewsJust Eat founder Jitse Groen steps down as CEO
Groen’s departure from the company he founded 25 years ago comes after the delivery platform was acquired by investment group Prosus in a €4.1bn deal earlier this year
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InterviewsKokoro: ‘We have strengthened our competitiveness’
Director Chris Lee tells MCA the QSR chain has responded to increasing competitiveness by expanding its Korean offering as it prepares to accelerate expansion
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NewsF1 Arcade announces Jonathan Peters as CEO
The appointment comes as the competitive socialising concept looks to accelerate growth both in the UK and internationally through openings and new concepts
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Weekend PressByron burger chain snapped up by Gen Z investor
Akshat Tibrewala, founder of Niyamo Capital, buys business that thrived in casual dining boom but then collapsed twice and shed most of its UK sites, The Sunday Times reports
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Analysis & InsightStonegate’s Platinum portfolio: real estate investors on ‘high alert’
With the UK’s biggest pub company looking at options for a 1,000-strong collection of pubs to pay down debts of over £3bn, Simon Brooke explores the potential outcomes and profiles of buyers
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NewsSugarloaf sounds out investors for TGI Fridays UK
Just a month on from acquiring the UK arm, TGI’s global brand manager has brought in financial advisory firm Interpath to explore strategic options for the 49-strong casual dining chain
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NewsUpham achieves like-for-like growth of 7.5%
The south of England pub operator says all but one of its sites was in positive sales growth in its latest financial results, which saw revenue rise to £19.8m
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OpinionDid Andrew Rennie talk himself out of a job?
The Domino’s Pizza Group CEO abruptly departed after overseeing a period of challenged trading and sliding share price, the failure to acquire a second brand, and a regrettable interview where he appeared to suggest there was little growth left in the pizza market
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NewsRedCat sells L&T division to Admiral Taverns
Following the deal, RedCat Hospitality will focus on its managed business and pubs-with-rooms model, where it see “strong and sustained customer demand”
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NewsMW Eat plots international expansion as it’s acquired by Fairfax Financial
The London-based operator behind Indian fine dining restaurants Chutney Mary and Veeraswamy and the more informal Masala Zone brand says the acquisition marks a ‘major step’ in its long-term growth strategy
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Analysis & InsightAlixPartners: ‘UK F&B market proving more resilient than the US’
While F&B is feeling the effect of consumer cutbacks, the impact is milder in the UK than the US, according to Graeme Smith, MD of the financial advisory firm
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Weekend PressSt John’s founders are stepping back. What comes next for the trailblazing nose-to-tail restaurant?
Fergus Henderson and Trevor Gulliver are retiring from day-to-day operations at their legendary London restaurant St John after 31 years, the FT reports
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NewsLeon to bring Roast Rewards coffee subscription to an end
The move comes as the healthy fast-food group, which was recently reacquired by co-founder John Vincent, says it will be letting go of processes that make daily operations more difficult
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OpinionDownbeat assessment of a government ‘that’s throttling us’
Describing the restaurant trade as simply “not great fun” right now, senior leaders spoke of a deterioration in trade which in some dayparts bordered on “catastrophic”
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NewsJohn Vincent plans major menu and culture overhaul at Leon
The returning co-founder said the healthy food-to-go brand had “lost its leadership on food” while under the ownership of EG Group and Asda
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NewsKokoro targeting 100 new UK sites in five years
The Korean-Japanese QSR chain says it is investing significant capital into its expansion plans and is actively seeking franchise partners across the UK
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NewsThe Coconut Tree acquired for about £305,000 in pre-pack sale
The Sri Lankan restaurant group was acquired last week by a connected company led by two of its founders having fallen into administration after previously defaulting on its CVA payments
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NewsDubai burger slinger GOAT makes London debut
The trendy UAE-based brand has chosen Knightsbridge for its first international location with a promise to ‘raise the bar’ of London’s burger market