Propel Morning Briefing Mast Head CPL Learning Link Paul's Twitter Link Hive Pubs by Greene King Banner
Morning Briefing Strap Line
Thu 8th Sep 2016 - Kings Park Capital takes significant stake in better burger brand
Kings Park Capital takes significant stake in better burger brand: Private equity firm Kings Park Capital (KPC) has taken a significant stake in 7Bone Burger Co (‘7Bone’), a fast casual ‘better burger’ restaurant concept, by providing funding to roll-out the concept. The company’s first restaurant in Southampton was opened in 2013, followed by a second in Bournemouth, realising the ambition of founders, Matthew Mollicone and Richard Zammit, to bring high quality burgers to the regions. The concept differentiates itself from traditional fast casual operators through its proven ability to operate out of smaller footprint units in secondary and tertiary locations. KPC will work alongside management to drive forward the roll-out of new restaurants. The company has a pipeline of six additional sites lined up. Derek Woodcock will also be joining the board as an non-executive director. Woodcock was previously finance director of Nando’s for 12 years, helping Nando’s expand from 27 to 256 restaurants in the UK. Mollicone and Zammit said: “We are delighted to have secured investment from Kings Park Capital and look forward to taking 7Bone across the country with their assistance.” Jamie Tillman, partner at KPC, said: “We are excited to be partnering with Matt and Rich, and backing their vision for 7Bone’s expansion. We look forward to working with them and Derek to create the leading ‘better burger’ brand in the UK.” Kings Park Capital is an independent private equity investment firm dedicated to investing in the European leisure sector. KPC’s approach is to work closely with its management teams and using its capital, specialist knowledge and broad network of contacts to help management fulfil their strategic ambitions. Kings Park Capital also has sector investments in Abokado, Fuel Juice Bars and Inn Collection.


Return to Archive Click Here to Return to the Archive Listing
 
Punch Taverns Link
Return to Archive Click Here to Return to the Archive Listing
Propel Premium
 
Maliburu Banner
 
Hit Training Banner
 
OakNorth Banner
 
Contract Furniture Group Banner
 
Nutritics foodprint Banner
 
Douwe Egberts Barista Editions Banner
 
Hogs Back Banner
 
Heinz Banner
 
Estrella Banner
 
Knorr Banner
 
Camile Thai Banner
 
St Austell Brewery Banner
 
Sky Banner
 
Hungrrr Banner
 
Frobishers Banner
 
Peroni Banner
 
TipJar Banner
 
Airship – Toggle Banner
 
Cynergy Bank Banner
 
Zonal Banner
 
John Gaunt Banner
 
Libeo Banner
 
COREcruitment Banner
 
KAM Media Banner
 
Access Banner
 
Reputation Banner
 
Yapster Banner
 
Zonal Banner
 
Trail Banner
 
The Licensees Association Banner
 
Tiny Cloud Kitchens Banner
 
Harri Banner
 
Propel Banner
 
Hogs Back Banner