Overview
- Partners Group has enlisted Interpath Advisory since July to locate investors or buyers for the upmarket chain
- All 72 UK branches have been placed under formal review, with continued operation contingent on securing a buyer
- Several underperforming locations, including Gloucester Quays, Hampstead, Harrogate and Manchester, have already closed this year
- Sky News reports that around 60 of the chain’s 72 restaurants remain profitable, underscoring uneven site performance
- Rising energy bills, higher wages and increased national insurance contributions are squeezing margins across the hospitality sector