London bar restaurant, Wright & Bell has confirmed the purchase of Kingly Court bar restaurant, Whyte & Brown with support from an alternative finance. The two-storey restaurant, situated off London’s popular Carnaby Street, was originally launched in 2013 and has since traded strongly in Kingly Court. With a focus on contemporary, food, driven by Wright & Bell’s award-winning chef Richard Falk (former head chef at The Diary, ex-Gordon Ramsey Restaurants and D&D), the team plans to evolve the Kingly Court site, while eyeing further expansion in new sites in Central London. Working closely with Wright and Bell and its parent owner Imbiba, alternative finance provider ThinCats backed the business to complete the transaction. Through a flexible loan, Wright and Bell were able to finance the acquisition and source additional working capital to continue growing the business from the onset. According to Dave Sherrington, London and South East business originator at ThinCats, sector experience and a strong track record in the market is what drew him to this deal. Location is everything when it comes to the sector, says Sarah Clark, managing director of Wright & Bell. “Kingly Court is an extremely popular and vibrant destination in central London and presents us with an excellent growth opportunity,” she says. “We are excited to be acquiring The White and Brown industry is such a thriving location. We look forward to evolving the offer and have a progressive vision of how this can sit within our portfolio and the current market place.’ The Group already operate the Kitty Hawk and The Backroom Bar at South Place, Moorgate and are continuing to grow their presence across the London market.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
