Hospitality Sector

Articles and latest deals news about companies operating in the UK hospitality sector including sector including: Hotels & Resorts, Restaurants & Catering, Night Clubs & Bars.


Giraffe and GAIL’s investor backs Red Hot World Buffet

Private equity firm Risk Capital Partners has made a new commitment in the food and drink sector by backing Red Hot World Buffet.


Wagamama and Rex Restaurants investor adds Hawksmoor chain to its portfolio

Popular London restaurant chain Hawksmoor has decided to fund itself using private equity capital, and has signed up Graphite Capital as a backer.


Yianni Papoutsis Q&A: Meat Liquor empire makes first foray out of London

Having set up his food business out of a wagon in 2009, entrepreneur Yianni Papoutsis now has three London locations and a Brighton site on the way. GrowthBusiness finds out how the industry has changed.


City-based bar-restaurant group Drake & Morgan closes £30 million MBO

A second restaurant-based management buy-out of the week has seen Drake & Morgan complete a £30 million deal with help from Bowmark Capital.


Wear Inns uses NVM and Business Growth Fund cash to continue pub acquisition drive

A pub chain backed by the Business Growth Fund and NVM Private Equity has added to its portfolio of sites by acquiring a further two premises.


Fourth Hospitality closes overseas deal

ECI Partners-backed Fourth Hospitality has made its first acquisition since its management team led a buy-out of the business in March 2011.


Wear Inns begins acquisition drive aided by BGF and NVM

A pub group owned by NVM Private Equity and the Business Growth Fund (BGF) has begun its acquisitive growth strategy by purchasing nine venues from TCG Bars.


Livebookings gets its teeth into new £15 million round

A fourth venture capital fundraising round for Livebookings has seen the company raise £15 million and take total funds received to £39 million.

Alternative Finance for Business

No room at the inn

Robin Sheppard, chairman of Bespoke Hotels, argues that a minor change to the Enterprise Investment Scheme could be of enormous benefit to the hospitality sector, and to the economy as a whole.


Brasserie Bar consumes eight Chez Gerard sites

Hospitality group Brasserie Bar Co has begun an aggressive expansion strategy on the back of a £20 million cash injection from Core Capital with the acquisition of eight sites from rival chain Chez Gerard.


Livebookings attracts £6 million from backers

Restaurant reservation and marketing service Livebookings has closed a £6 million funding round, attracting further backing from shareholders Balderton Capital and Wellington Partners.


ECI takes equity in Fourth

Mid-market private equity firm ECI Partners has invested in Fourth Hospitality, a provider of back-office technology to the hospitality sector.