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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.

News

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.

Entrepreneurs

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.

News

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.

News

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.

News

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.

News

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.

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.

News

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.

News

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.

News

Giraffe restaurants to expand with Tootsies deal

Private-equity backed restaurant group Giraffe has agreed to purchase eleven outlets from bust burger chain Tootsies.

Entrepreneurs

Keeping it simple: Peter Ilic

Peter Ilic, the founder of Little Bay Restaurants, recently grabbed headlines with a daring publicity stunt. But he's no flash in the pan - he's been a fixture of London's restaurant scene for more than 20 years. GB meets him.

News

Beringea backs new restaurant chain

VCT manager Beringea has invested £1.7 million to support the expansion of Coal Restaurants, an emerging restaurant brand with one outlet in Wimbledon and others under development.

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