private equity

In this section you will find all articles about private equity, giving you an easy route to all the information and news about private equity on Caterersearch. For subject overviews take a look at Caterersearch’s expert guides that provide 'everything you need to know' on popular subjects like private equity, Gordon Ramsay, Compass or Michelin-starred restaurants.

Two Beetham Group hotels are sold

Catererandhotekeeper NewsThe 200-bedroom Radisson Blu in Liverpool and the 279-bedroom Hilton Manchester Deansgate have been sold, one month after their owner, the Beetham Group, was placed in administration. Both properties have been bought by London...
Posted: 23 November 2011 | 10:36

Amber Taverns raises £5m for 30 pub openings

North West pub firm Amber Taverns has raised an additional £5m in funding, with which it plans to open a further 30 pubs and create 300 new jobs. The funding comes in the form of a £4m revolving credit facility...
Posted: 21 November 2011 | 10:28

Private equity firm invests £8m in Be At One

Be At One logoA private equity firm has invested £8m in London bar firm Be At One. Piper took a "significant" minority stake in the business, which was founded by three former TGI Fridays bartenders...
Posted: 31 October 2011 | 10:51

Bay Restaurant Group refinances in a debt-for-equity swap

Bay Restaurant GroupThe Bay Restaurant Group, the owner of the La Tasca and Slug and Lettuce chains, has undergone a refinancing involving a debt-for-equity swap. The company, which was previously part of the Laurel Pub Company, has agreed terms with Icelandic bank Kaupthing and Commerzbank of Germany ...
Posted: 28 July 2009 | 18:13

David Coulthard’s Columbus hotel up for sale again

The Columbus HotelThe Columbus Hotel in Monaco, owned by former Formula 1 racing driver David Coulthard, has been put up for sale again for an estimated £44.7m..
Posted: 23 February 2009 | 11:36

Gaucho fastest-growing private equity-backed restaurant

Gaucho GrillArgentinean steak chain Gaucho is the fastest-growing private equity-backed restaurant in the UK, according to research.
Posted: 11 February 2009 | 08:00

Sodexo becomes equity partner in £12b defence project

Sodexo logoContract caterer Sodexo has become an equity partner in a £12b private finance initiative (PFI) to build and run the UK’s Defence Technical Academy.
Posted: 10 February 2009 | 14:18

Two Smollensky’s restaurants sold to Kornicis Group

Smollensky's Metro - HammersmithThe two largest Smollensky’s restaurants, on London’s Strand and in Canary Wharf, have been sold to an investment firm headed up by the creator of Tiger Tiger.
Posted: 22 December 2008 | 12:04

RoadChef owner denies sale

RoadChefDelek Group, the Israeli conglomerate, has denied reports that it plans to sell RoadChef.
Posted: 12 December 2008 | 16:56

Union fights RoadChef plans to slash staff terms and conditions

RoadChef logoRoadChef, the UK’s third-largest motorway services operator, is planning to cut sick pay, holiday pay, overtime rates and pension benefits for 2,500 staff from next month.
Posted: 15 October 2008 | 11:24

London councils relent on Peking Duck oven shut-down - For more hospitality stories, see what the weekend papers say

Weekend papersA round-up of the weekend's news affecting the hospitality industry. News includes: Share price fall interests CVC in Punch; Founder seeks to rescue Beanscene coffee shops from administration; Pubs and clubs lead quarterly rise in business failures
Posted: 04 August 2008 | 10:52

Dawnay Shore Hotels says review will not affect its hotels

Lygon Arms hotelDawnay Shore Hotels has played down fears that an emergency review of assets initiated by investment firm Dawnay Day will impact its 20 hotels.
Posted: 15 July 2008 | 09:57

Alan Yau to turn Busaba Eathai into restaurant chain

Alan YauLondon restaurateur Alan Yau has secured private equity investment of £21.5m to transform his Busaba Eathai restaurant into a chain.
Posted: 01 July 2008 | 07:15

Laurel Pub Company creditors face £130m loss

Laurel Pub CompanyThe creditors of Laurel Pub Company face a potential loss of £130m after the group was put into administration in March, according to a report today.
Posted: 02 June 2008 | 12:05

A big test for private equity

Gareth WhileyGareth Whiley, a partner at private equity firm Silverfleet Capital and non-executive director of Paramount Restaurants, insists his industry won't abandon the restaurants it is backing despite the economic downturn
Posted: 29 May 2008 | 00:00

Ex-Compass chief buys foodservice companies

The former chief executive of Compass Group, Mike Bailey, has returned to the world of contract catering with the acquisition of a trio of US foodservice companies.
Posted: 14 April 2008 | 17:19

Don't panic - crisis talk goes too far, say industry experts

There were some extreme opinions expressed at the IHIF conference in Berlin, but, as Gemma Sharkey discovered, no one considers this to be a recession
Posted: 13 March 2008 | 00:05

Is private equity a force for good in hospitality?

Jeremy Jones and Chris PeacockThis week we launch a new series of opinions, kicking off with a head-to-head debate on the increasing influence of private equity firms within the hospitality sector
Posted: 21 February 2008 | 00:00

 
10th February 2012