, UK

EAT. owners hire bankers to explore sale: report

The move comes amidst competition from the high street and online delivery rivals.

The owners of EAT., led by private equity firm Horizon Capital, have Spayne Lindsay to explore an auction of the business, Sky News has reported.

A spokesperson told QSR Media that "a sale is not expected soon."

EAT. averted a potential CVA (company voluntary arrangement) and instead approached landlords for individual negotiations. It previously closed a handful of sites to avoid restructuring.

Read more here.

Join QSR Media UK community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!