All Finance articles – Page 69
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NewsSSP FY lfls up 3.7%
Travel food concession operator SSP has reported like for like sales up 3.7% for the 12 months to 30 September driven by growth in air passenger travel and retailing initiatives
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Deliveroo raises $100m to expand beyond Europe
Deliveroo has raised a further $100m (£66m) from a group of venture capital funds to fuel its international expansion
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Lifestyle Hospitality launches £500k crowdfund
Lifestyle Hospitality Group has launched a crowdfunding push to raise £500,000 for the expansion of its better burger brand, Burgerfest.
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Analysis & InsightFollowing the crowd
Crowdcube founder Luke Lang shares his tips on what makes a pitch stand out and give his insight into who and what drives the funding process. At the sames time, the founders of Chilango, Sourced Market and Square Pie share their crowdfunding experiences
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BGF seeking balanced portfolio
The Business Growth Fund (BGF) has not ruled out making further investments in the UK’s hospitality sector
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Risk takes stake in Small Batch Coffee Co
Risk Capital Partners, Luke Johnson’s private equity vehicle, has acquired a majority stake in the Small Batch Coffee Company
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Press secures growth fund
Press has received private equity funding to open further sites in London and to ramp up the retail side of its business
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Conviviality buys Peppermint events company
Conviviality, the Bargain Booze operator, has agreed heads of terms to acquire the majority stake in bars and events company Peppermint
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Crowdfunder to raise £1m to expand
Crowdfunder, the fundraising platform for social enterprises, charities and businesses, has launched a £1m equity raise on Crowdcube to expand the business
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BrewDog launches Nordic crowdfund campaign
BrewDog has launched a crowdfunding campaign forSweden, Norway, Finland and Denmark for the continued expansion of BrewDog bars around the world
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Nuno Mendos to re-launch Viajante with crowdfunded campaign
Nuno Mendes, head chef at the Chiltern Firehouse, has launched a crowdfunding campaign on Seedrs to raise £1.75m to re-open his first Viajante restaurant in Wapping. Viajante is offering 33.3% equity for the investment for the business that is valued at £3.5m. Mendes has secured a new site in Wapping’s ...
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Downing invests c£4m in Upham
Upham Brewery has secured more than £4m in new funding from investment group Downing toward its continued growth
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NewsBeany Green to open at Nova Victoria
Beany Green, the Australian-inspired restaurant and coffee shop, will open at the Nova development in Victoria as one of two sites for 2016 after hitting its funding target on Crowdcube in under 24 hours
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NewsChilango hits £1m in first week
Mexican restaurant Chilango has surpassed its £1m fundraising target in its first week on CrowdCube
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NewsGK overtakes M&B on market cap
Greene King has replaced Mitchells & Butlers as the UK pub and restaurant company with the largest market cap after its acquisition of Spirit Pub Company.
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NewsLondon Union launches £3.5m crowdfunding campaign
London Union, the parent company of Street Feast, has launched a crowdfunding bid to raise £3.5m to build a world class street food market in London by 2017
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NewsPonti's trims estate to reduce losses
The Ponti Group, operator of Ponti’s Italian Kitchen and Caffe Italia, has confirmed it has reduced its operating losses following estate consolidation and refurbishing its sites
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NewsLeon secures £11.5m funding for growth
Healthy fast-food concept Leon has secured a funding package worth £11.5m from new banking partner, HSBC.
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BK and Tim Horton parent co returns to profit
Burger King and Tim Horton’s parent company, Restaurant Brands International, has reported net income of $182.9m in the third quarter, after a loss of $23.5m for the same period last year
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Draco Pub Co secures £4m funding
Rob Greacen, managing director of Draco Pub Co, has told M&C the company’s £4m refinancing deal will allow it to ramp up its expansion plans – with a deal close on its fourth site.