All Finance articles – Page 39
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NewsFounders buy back Randall & Aubin Manchester
Randall & Aubin founders Ed Baines and Jamie Poulton have bought the Manchester franchise of their restaurant brand out of administration to operate it themselves, MCA has learnt.
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NewsTom Simmons to continue trading after pre-pack sale
Tom Simmons Tower Bridge will remain trading after being sold in a pre-pack, administrators have confirmed.
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NewsWright & Bell acquires Whyte & Brown
Wright & Bell, the Imbiba-backed restaurant and bar group, has acquired Whyte & Brown, the Kingly Court based chicken concept.
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NewsDaisy Green crowdfund oversubscribed by 410%
The Daisy Green Collection, the all-day restaurant, bar and coffee group, has closed its crowdfunding campaign, having raised over £2m on a £500,000 target.
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NewsBenito’s Hat secures £1m investment to fuel growth
Benito’s Hat has secured £1m from existing investors to fund a three-year growth plan.
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NewsService sector growth slows
Growth in the UK’s services sector slowed last month, according to IHS Markit’s purchasing managers’ index (PMI) survey.
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NewsCarlyle makes bid for Gaucho
Carlyle, the US private equity firm, has made a bid to buy Gaucho out of administration, Sky News reports.
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NewsUtopian Brewing partners with Hop Stuff
Utopian Brewing, the Steve Cox-chaired group, is to start production after agreeing a contract brewing partnership with Hop Stuff.
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NewsCambscuisine appoints Spragg to board; launches equity raise
Cambridge pub and restaurant operator Cambscuisine has launched a £550,000 equity raise on the SyndicateRoom platform as it looks to expand its Smokeworks concept.
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NewsMission Mars confirms £10m BGF investment
Mission Mars, the Manchester based group behind Albert’s Schloss and Rudy’s Pizza, has confirmed a £10m investment from BGF, as flagged up by MCA last week.
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NewsFever-Tree revenues up 45% in H1 2018 update
Fever-Tree, the premium tonic producer, has reported adjusted EBITDA up 35% to £34m for the half year 2018.
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NewsFulham Shore revenues reach £54.7m
Fulham Shore, the operator of Franco Manca and The Real Greek, has reported EBITDA of £7.4m for the year ended 25 March 2018 – up 2.1% year on year.
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NewsFuller's managed and tenanted lfls up 4% in Q2 update
Fuller’s, the London brewer and pub company, has reported like for like sales in its managed pubs and hotels rising 4% for the 16 weeks from 1 April to 21 July 2018.
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NewsUpham Group reviews its options
Upham Group has appointed advisers as it considers its future funding options
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NewsInvestors getting the summertime blues, says HL
Hargreaves Lansdown’s Investor Confidence Index fell 10 points to 68 in July, compared to the previous month – down on average of the past 12 months of 74, and the long-term average of 101, it said.
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NewsLike-for-likes up 8% at Liberation Group
Liberation Group has posted an 8% increase in like-for-likes (lfls) sales for the past 10 weeks. The West Country and Channel Island pub company said trading across its 44 managed pubs had been “exceptional” over the period, as they benefitted from the warm weather and World Cup. The group’s 21 ...
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NewsBGF in Mission Mars talks
Business Growth Fund is believed to be in talks to invest in Mission Mars
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NewsSSP reports Q3 lfls up 2.7%
SSP Group has reported Q3 2018 results, with like-for-like sales growth of 2.7% across the group.
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NewsAnalysts Corner: Berenberg on Greene King
Analysts at Berenberg give their verdict on Greene King
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NewsMonty's Deli seeks £150k crowdfunding for market rollout
Monty’s Deli, the Jewish concept known for salt beef sandwiches, is seeking to raise £150,000 in crowdfunding to roll out new sites in food markets across London and the UK.