All Finance articles – Page 91
-
OpinionTurning point for the sector
This year will come to be seen as a turning point in the market, argues Peter Hansen, founder of Sapient Corporate Finance
-
News
Hansen: 2013 a turning point for pub market
This year will prove to be a “turning point” in the pub market, Sapient Corporate Finance founder Peter Hansen has predicted. Speaking at M&C Report’s Pub Retail Summit, he predicted banks would start to “loosen up” - and clearing banks would begin “piling back into the market”.
-
NewsOrchid reports impressive ROI
One year on from the start of its company-wide £20m investment programme Orchid Group, in which private equity and trade buyers are showing an interest, has reported impressive returns across its estate
-
News
City Pub Co FY turnover to reach £7m; reveals acquisition targets
City Pub Company, the Enterprise Investment Scheme (EIS)-funded pub operator, expects turnover to reach £7m in 2013 and is targeting seven acquisitions under its forthcoming £10m fundraising drive, co-founder Clive Watson has told M&C Report
-
NewsEd’s agrees new £4.5m banking facility
Ed’s Easy Diner has secured its first ever extended bank funding in the form of a £4.5m facility with RBS, which will aid its continued rollout across the UK
-
News
Kings Park: sector offers many investment opportunities
A partner at Kings Park Capital (KPC), the leisure sector investment fund, has told M&C Report that there’s “lot of different opportunities” for investments in the industry at present, following its £10m acquisition of a majority stake in coaching inn operator Inn Collection
-
News
Kings Park takes £10m stake in Inn Collection
Kings Park Capital, the leisure sector investment fund, has acquired a majority stake in Inn Collection for £10m and says it plans to add more sites to the northern England-based pubs-with-rooms operator
-
News
Adobo set for growth
Adobo, the fledging Mexican concept led by Mark Walker and Craig Fraser, is to go on the expansion trail after securing new investment, M&C Report understands
-
News
Virgin Wines team completes £15.9m MBO
A £15.9m management buyout of wine retailer Virgin Wines has been completed with finance from Mobeus Equity Partners and Connection Capital
-
NewsEAT set for next stage growth
EAT, the Lyceum Capital-backed chain, is set to embark on its next stage of development after it is believed to have agreed a new bank facility that has freed up a further £10m-£15m of funds
-
NewsBrewDog to accelerate bar openings
BrewDog, the Scottish brewer and pub operator, plans to accelerate its bar openings programme after announcing plans to extend its latest fund-raising drive, and is targeting five openings in 2014, co-founder James Watt has told M&C Report.
-
News
Everyman Cinema raises £8.1m on AIM debut
Everyman Cinema, the London-based cinema chain whose shareholders include Ask founders Adam and Sam Kaye, raised £8.1m when it floated on the Alternative Investment Market (AIM) yesterday
-
NewsBrewDog extends latest fundraising after “epic” response
BrewDog, the Scottish brewer and pub operator, has extended the limit set for its crowdfunding scheme, Equity for Punks, after an “epic response” to thefundraising so far
-
News
Darwin & Wallace closes in on second site
Imbiba Partnership, the investment vehicle led by John Connell, is closing on a second site for its fledgling Darwin & Wallace (D&W) format, as it gears up to launch its third round of fundraising
-
NewsJDW secures £100m expansion fund
JD Wetherspoon has secured an extra £100m facility for its expansion plan, chairman Tim Martin has told M&C Report
-
NewsPunch gears up for restructuring
Punch Taverns has said it will announce a revised restructuring proposal during the first week of December 2013 with the broadest level of support achievable at that time and will then formally launch the implementation of that restructuring proposal shortly thereafter
-
NewsSpirit completes refinancing
Spirit Pub Company has announced the results of its debt re-profiling, achieving its desired target of securing participating levels of 70% for A1 bondholders and 50% for A3 bondholders, which should free up c£53m of cash for expansion
-
News
Friska receives funding boost
Friska, the Bristol-based healthy fast-casual restaurant chain, plans to open an additional three sites over the next two years, after securing new funding
-
News
Leisure sector gears up for IPOs
The first significant moves in what is expected to be a return of IPO action in the leisure sector were made yesterday, with Merlin Entertainments valued at between £2.8bn and £3.3bn for its upcoming flotation and Everyman Cinema at £30m
-
News
Imbiba to launch third fund
Imbiba, the investment vehicle led by John Connell, is set to launch its third London Bar and Restaurant EIS Fund, after raising £4.5m through its fundraising round