Hawksmoor Considers £100m Sale to Expand International Presence
The upscale steakhouse chain seeks potential buyers to support its growth in the US and beyond, while founders plan to retain their stakes.
- Investment bank Stephens hired to explore interest from UK and US buyers.
- Graphite Capital, owning 51% since 2013, supports the sale process.
- Hawksmoor recently opened its first restaurant in Chicago, adding to its 13 locations.
- Revenues increased by 20% to £90 million in 2023, with profits exceeding £10 million.
- The sale follows other major restaurant deals, reflecting industry consolidation trends.