Spanish tapas chain La Tasca will float on the Alternative Investment Market later this month for £54m.
Funds achieved from the listing will be used to reduce the company's debt to £17m and make borrowing cheaper.
Chief executive James Horler said La Tasca was a proven and successful restaurant concept. "We currently have only one restaurant in the South-west, one in Wales and one in Scotland, so there's room for growth."
|Flotation on the menu|