Gusto undertakes MBO from Living Ventures

17 Apr 2014

Restaurant and bar group Gusto has completed a management buyout from Living Ventures, the Tim Bacon-led premium operator, with funding from private equity group Palatine as it looks to add about 15 sites over the next four years, including a move into the London area, M&C Report has learnt

Top Stories

Mucho Burrito Brighton

Mucho Burrito close to securing second site

17 Apr 2014 16:08

Mucho Burrito, the Tex-Mex restaurant franchise, has put in a preliminary offer on a site in Crawley as part of its plan to open 30 sites within 12 years under the master franchise agreement for the south east, M&C Report has learnt

All Bar One Buckingham Gate

All Bar One set for double London opening

17 Apr 2014 16:08

Mitchell & Butlers (M&B) has confirmed it will open two further sites under its All Bar One brand in London this summer

Thistle III sale aborted

17 Apr 2014 16:08

Thistle Pub Company III, the EIS-backed, Scottish pub group managed by Maclay Inns, is considering its strategic position after failing to secure an acceptable offer for the sale of the group

Essenden reveals debt for equity swap details

17 Apr 2014 16:08

Essenden, the Nick Basing-led operator of the Tenpin bowling brand, has issued details of its plan to undertake a debt for equity swap to prepare the business for acquisitions

Upham Brewery

Upham Pub Company raises £2m; buys pub

17 Apr 2014 16:07

Hampshire-based Upham Pub Company has raised a further £2m for expansion and secured its ninth site, co-founder David Butcher has told M&C Report

Kerridge to open Royal Ascot restaurant

17 Apr 2014 16:03

High profile chef Tom Kerridge is to open a restaurant at the Royal Ascot racecourse in Berkshire

​​M&C20 stabilises as household confidence returns

17 Apr 2014 16:03

M&C20 stabilised (up 4 points to 1,250) this week after recent heavy losses caused by market jitters and profit taking. The leisure index outperformed the All Share index, which slipped 1 point to 1,027

Zaks diner signs first franchisee

17 Apr 2014 16:03

Zaks, the Norfolk-based American diner chain that has been operating for nearly 40 years, is opening its first franchised restaurant in south west Norfolk and plans to roll the concept out nationwide

French bistro franchise eyes UK growth

17 Apr 2014 15:59

Gourmadine, the French bistro concept from Lifestyle Hospitality Group, has signed up its first franchisee to take the “creperie and bistrot” beyond the original Exeter restaurant

Inside track

Zolfo Cooper logo

Zolfo Cooper Profit Tracker - the results

14 Apr 2014

M&C Report, in partnership with Zolfo Cooper, the leading financial advisory firm, has created the Profit Tracker to chart the growth of the most successful privately-owned operators within the vibrant pub, restaurant and quick-service sector


Thinking globally, acting locally

17 Apr 2014

More and more restaurant operators are adopting sustainable business practices. Kerstin Kuhn focuses on US fast-casual brand Sweetgreen

Harris + Hoole

Zolfo Cooper Profit Tracker - ones to watch

17 Apr 2014

M&C Report profiles four operators who missed out on this year’s Zolfo Cooper Profit Tracker list, which tracks companies with the fastest growing profits in the UK’s eating and drinking out sector, by falling outside the scope of the methodology. However, they are expected, with a fair wind, to make their bows next year


Q1 trading overview

14 Apr 2014

M&C Report talks to major pub, bar and restaurant groups about trading in the first quarter of 2014. The consensus is that Q1 was as good as or better than expected, and operators are largely optimistic about the year ahead

Tragus restaurant

Opening the door to opportunity

11 Apr 2014

As the UK economy continues to recover, Hill Campbell Partners’ Paul Campbell says this is the perfect time for restaurant entrepreneurs to make their mark

What do young people want?

11 Apr 2014

New research into young people’s habits from Voxburner has revealed, among other things, their favourite restaurants for fast food and casual dining; the appeal of technology; and their interest in street food

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