All Deals articles – Page 25
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United Ramen confirms ex-Strada site deal
United Ramen, the Japanese restaurant and takeaway concept, has confirmed it will be opening its first site under the Live4Food group on an ex-Strada site in London
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Amber Taverns changes hands in £80m deal
Amber Taverns, the fast-growing operator of wet-led community pubs, has changed hands as part of an £80m management buyout
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NewsJack upgrades M&B over expected Orchid deal
Leading analyst Douglas Jack has upgraded Mitchells & Butlers (M&B) from Add to Buy following news of its likely takeover of the majority of the Orchid estate, which he described as an “excellent transaction” for the group
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UK-based restaurant reservation system signs US deal
ResDiary, the global restaurant booking specialist established by hospitality veteran Mike Conyers, has agreed a deal to take the system to the US
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NewsM&B takes lead on Orchid
Mitchells & Butlers is understood to have moved ahead of private equity competition and entered exclusive talks to acquire the majority of Orchid Pub Company, for a sum of c£265m
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Compass wins five-year Homebase deal
Global catering company Compass Group’s Instore division has secured a multi-million pound deal with DIY retailer Homebase to open 30 coffee shops across its chain of stores over the next five years
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NewsTGI Friday's sold
Carlson has announced that an agreement has been reached to sell TGI Friday’s, the casual dining chain, to Sentinel Capital Partners and TriArtisan Capital Partners for an undisclosed sum
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Matthew Clark buys stake in marketing agency
Matthew Clark, the drinks wholesaler part-owned by Punch Taverns, has bought a 51% stake in London-based marketing agency Elastic for an undisclosed sum
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NewsYO! signs deal for 50 US openings
YO! Sushi, the Quilvest-backed group, plans to open 50 restaurants in the US over the next six years after signing a new franchise agreement for the country
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CPL and BII agree £1m partnership deal
CPL Training Group has announced that it has entered into a strategic partnership with the BII to deliver all BIIAB qualifications across the UK for the next five years
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NewsPatisserie Holdings valued at £170m
Patisserie Holdings has been valued at £170m on its conditional admission to AIM this morning, placing it at the lower end of its predicted range
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NewsSuitors circle Orchid
Mitchells & Butlers (M&B), Greene King and Starwood Capital, are amongst six firms believed to be set to bid for all or part of Orchid Pub Company
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NewsJoseph Holt agrees £20m refinancing deal
Joseph Holt is set to embark on an expansion drive focused on food-led sites, after agreeing a £20m refinancing deal with the Royal Bank of Scotland
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Seattle’s Best Coffee signs three-way UK coffee deal
Seattle’s Best Coffee, part of Starbucks Coffee company, has signed a trial deal with KFC, Asda and Kiddicare as part of a plan to sell its coffee through 100 nationwide partner cafes in the UK by the end of the year
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NewsSubway secures further petrol station deal
Subway, the global sandwich chain, has signed a further deal, which will see it increase its roadside presence in the UK.
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Johnson runs rule over InnBrighton
Luke Johnson, the serial sector investor, is believed to be running the rule over InnBrighton, the Brighton-based multiple pub operator
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NewsCinven places £1bn price tag on PizzaExpress
Cinven, the private equity backer of Gondola, has appointed separate advisers to oversee the £1bn sales of PizzaExpress, and sister brands Ask Italian and Zizzi, according to The Times.
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Ideal eyes expansion of pub and café estate
Ideal Collection, the independently owned south coast based operator of pubs and cafes, is looking to acquire another pub site this year and grow its Boat House Café concept
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NewsGreene King sells 275-strong portfolio to new venture
Hawthorn Leisure, a new pub company established to acquire, invest in and support pubs across the UK, has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King, for £75.6m.
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NewsBaskin-Robbins signs new Cineworld deal; eyes expansion
Baskin-Robbins hopes to secure a further 80 high street locations across the country over the next five years, M&C Report has learnt, as the ice cream shop operator announces an extension to its deal to operate at Cineworld cinemas