Loungers invest £100,000

Loungers to invest £100,000 in training academy. Loungers is investing £100,000 a year in its new staff development programme which starts in March this year. The group, which currently employs 700 staff across its 25 Lounge café/bars and five Cosy Club sites and is targeting 70 sites by 2016, have created a 30 month rolling

Piper invests in cafe-bar chain

Piper invests in fast growing Lounge cafe-bar chain. Piper, a leading private equity specialist in consumer brands, has taken a significant minority stake in Loungers, the operator behind the highly successful Lounge café-bar chain. Loungers was founded in 2002 by a trio of longstanding friends, Alex Reilley, Jake Bishop and Dave Reid, who saw an
We first met Piper about four years ago and have been impressed with the team’s continued support and interest in our business over the intervening period. We see Piper as a great cultural fit for us and very much like the company’s desire to understand our brand and customers and the driving forces behind our success, as well as its obvious commitment to work with us as partners who can add significant value to our business. We are all now focused on scaling the business and ensuring we build an outstanding business and brand legend.
Alex Reilley, co-founder

Piper invests £8m in Be At One

Piper has taken a significant minority stake in Be At One, the highly successful cocktail bar operator. Be At One was founded by Steve Locke, Rhys Oldfield and Leigh Miller, three former bartenders who worked together at TGI Fridays in the 1990s. The trio spotted a gap in the market to produce the finest range

£3m of growth funding to Diet Chef

Piper Private Equity has provided £3m growth funding to Diet Chef, the UK’s leading home delivered diet company. Diet Chef was founded in 2007 and has seen rapid growth achieving over £5m of sales in 2009 and is forecast to double in size year on year. With over 60% of adults in UK being either

Piper invests in Weird Fish

Piper Private Equity has provided £8m of funding to support the MBO of Weird Fish from its founder. The investment gives Piper a majority stake in the business and will enable Weird Fish to develop its clothing offer and expand its wholesale and direct sales. Weird Fish was founded some 15 years ago and has