Steak on the menu? Hawksmoor ponder IPO option for continued expansion
Investors may soon be able to cut into a juicy Hawksmoor steak, according to reports.
The high-end restaurant group, renowned for its steak, is working with stockbroker Berenberg to assess demand should it decide to list on the London Stock Exchange.
The Times first reported the news.
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Hawksmoor was a trendsetter in the capital for meat-focussed restaurants and helped to shape London’s dining scene ever since its first restaurant opened fifteen years ago.
It now has eight locations across the UK.
Founder Will Beckett told The Times that the firm was “exploring a variety of options, including an IPO,” though stressed no listing was imminent.
“We want to be in the best shape possible for the numerous opportunities that are already coming our way post-Covid,” he continued.
A number of hospitality entrepreneurs have said in recent months they expected there would be scope for expansion over the coming year as failed business’ properties come to market.
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