Square Pie, which had five outlets in London and Kent, is set to expand following a £700,000 investment.
Set up in 2001 by Martin Dewey with its first unit in Spitalfieds, the gourmet pie company has secured the investment from IW Capital, a private equity company headed by Nicola Horlick, according to The Sunday Times.
Alongside its original store, the group currently operates in Westfield White City, Westfield Stratford, the Excel Exhibition Centre and Bluewater. Two new openings are planned for next year, including a site in Birmingham New Streets shopping centre.
Dewey, who runs the business with his wife Lucy, prides himself on having created 120 pies including the Senegalese Chicken Yasser and the Humble Pie of kangaroo and Australian merlot produced after the 2003 Rugby World Cup.