All Loungers articles – Page 24
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News
Piper acquires stake in Loungers
Piper, the private equity group, which formerly backed Pitcher & Piano and Las Iguanas, has taken a significant minority stake in Loungers, the fast-growing cafe/bar restaurant group led by Alex Reilley, M&C Report has learnt.Piper is to invest £16m into Loungers, which was founded in 2002 by Reilley, Jake Bishop ...
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News
Managed operators lead trading uplift
Trading during December was strong for the majority of operators, aided by weak comparatives, but was still positive on a two-year basis for the larger managed pub/restaurant companies, continuing a trend that has been consistent throughout 2011, according to research by M&C Report and Numis Securities.Across the the high street ...
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News
Draft House steps up expansion plans
Draft House, the three-strong London-based pub concept founded by Charlie McVeigh, has stepped up its plans for expansion with the appointment of a specialist property advisor after entering talks on a fourth site. The group, in which Luke Johnson has a significant minority stake, has appointed Insight Retail, which specialises ...
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News
Ever So Sensible to open second in Lincoln
Managed multiple Ever So Sensible, which is run by former Mitchells & Butlers executive Chris Bulaitis, is opening its secoind site in Lincoln.The company is taking over the Horse & Groom, an Enterprise Inn pub which has been closed for 20 months. The pub is undergoing a £200,000 refurbishment. Ever ...
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News
M&C Report Trade Tracker
M&C Report’s Trade Tracker, which is supported by Torex, supplier of customer and business insight, takes a look at sector trading over the previous seven days. From a list of 40 businesses in the eating and drinking out sector, 10 give a snapshot of trading each week.The end of July ...