Frankie & Benny’s: Why this failing chain still holds a place in my heart childhood restaurants Frankie & Benny's may be crap but my childhood self remains sitting in one of those booths, smile stained red
Private equity backing has made casual dining market ‘lazy,’ Hestia boss warns hospitality The owner of a premium hospitality investment group which is targeting revenue of £100m over the next three years has said operators in the casual dining market have gotten “lazy” because of private equity backing.
Pizza Express decides it doesn’t want a slice of Wagamama owner The Restaurant Group A slice of the action This comes after Pizza Express said last month, it was contemplating serving up a surprise bid for The Restaurant Group (TRG), but no formal offer.
Mark Kleinman: Why Starling needs Engine to fuel IPO dream November 2, 2023 Mark Kleinman is City editor at Sky News Starling needs Engine to fuel IPO dream Companies offer myriad reasons for the departures of chief executives. Few are as downright peculiar as the one given by Starling Bank when it announced in May that founder Anne Boden was stepping down. “Now that we have grown from [...]
Pizza Express chewing over bid for Wagamama owner – but it’s already under offer October 26, 2023 Pizza Express is contemplating serving up a surprise bid for The Restaurant Group (TRG), but no formal offer has yet been made, it is understood. The British mock-Italian chain has apparently made initial contact with TRG in a step that could lead to a formal bid being made, according to reports late on Wednesday night [...]
Wagamama latest to go private in £700m Apollo deal October 12, 2023 Wagamama owner The Restaurant Group is set to become the latest London-listed firm to go private after receiving a bumper bid from private equity giant Apollo.
TRG offloads Frankie & Benny’s and pays Cafe Rouge owner £7.5m to do so September 11, 2023 Big Table Group will receive £7.5m for taking Frankie & Benny's & Chiquito off The Restaurant Group's hands
The Big Table in talks to snap up Chiquito’s and Frankie and Benny’s from TRG September 9, 2023 The owner of Cafe Rouge, The Big Table, is in talks to snap up Chiquito’s and Frankie and Benny’s from The Restaurant Group (TRG). According to a report first published in Sky News, the firm, which is backed by private equity group Epiris, is in negotiations with TRG, the London listed firm which owns Wagamama [...]
TRG: Wagamama owner on hunt for new chair after months of shareholder haggling September 8, 2023 The Restaurant Group (TRG) are hunting for a new chairman after current one Ken Hanna has told the company he will not be standing for re-election at the next AGM in 2024. Shares rose five per cent on Friday morning after Hanna, who has been at TRG since the start of 2022, said he is [...]
TRG: Profits soar as Wagamama owner defies drab outlook for casual dining market September 6, 2023 TRG, which owns a slew of casual dining chains and pubs, its most popular being Japanese inspired eatery Wagamama, reported a 10 per cent rise in total revenue during the term to £467.4m.