Administration

News

Glasgow’s Lorne hotel sold out of administration

20 December 2021 by

Glasgow’s Lorne hotel has been sold out of administration to PL Glasgow Limited.

News

Pandemic pushes Glenburn hotel into administration

16 August 2021 by

Administrators have been appointed to the Glenburn hotel in Rothesay on the Isle of Bute after the impact of the pandemic led to unsustainable cash flow problems for the business.

Wake-up call: how to overcome new hurdles in pre-pack administrations Advice

Wake-up call: how to overcome new hurdles in pre-pack administrations

19 November 2020 by

New regulations and written reports will add a layer of administration and could endanger a speedy[...]

Partners Group paid £55m for Côte Restaurants News

Partners Group paid £55m for Côte Restaurants

13 October 2020 by

Private equity firm Partners Group acquired Cote Restaurants out of administration for £55m, according to administrator's[...]

Pre-pack administration sales set for closer scrutiny News

Pre-pack administration sales set for closer scrutiny

08 October 2020 by

Pre-pack administration sales are set for closer scrutiny under new laws announced today.

Casual Dining Group bought out of administration for £18m News

Casual Dining Group bought out of administration for £18m

10 September 2020 by

Epris has bought Casual Dining Group’s remaining estate of 150 restaurants out of administration for a[...]

Byron sold out of administration for £4m News

Byron sold out of administration for £4m

26 August 2020

Byron was sold out of administration for £4m in a prepack sale, which will see two London sites reopen tomorrow (Thursday 27 August).

TowerBrook Capital Partners purchased Zizzi and ASK Italian owner in £109m deal News

TowerBrook Capital Partners purchased Zizzi and ASK Italian owner in £109m deal

26 August 2020

TowerBrook Capital Partners purchased Zizzi and ASK Italian owner the Azzurri Group in a deal worth £109.5m, documents filed with Companies House have revealed.

Casual Dining Group bought out of administration and rebranded as the Big Table News

Casual Dining Group bought out of administration and rebranded as the Big Table

01 August 2020 by

Casual Dining Group has been bought out of administration by private equity firm Epiris in a[...]

Byron sold out of administration in deal that will see 31 sites close News

Byron sold out of administration in deal that will see 31 sites close

31 July 2020 by

Burger chain Byron has been sold out of administration in a deal that will see 20[...]

Chilango to appoint administrators News

Chilango to appoint administrators

22 July 2020 by

Chilango, the Mexican restaurant chain with 12 sites principally in London, has announced it intends to[...]

Zizzi and Ask Italian owner Azzurri Group sold in deal resulting in 75 closures and 1,200 job losses News

Zizzi and Ask Italian owner Azzurri Group sold in deal resulting in 75 closures and 1,200 job losses

18 July 2020 by

Zizzi and Ask Italian owner the Azzurri Group has been sold out of administration to TowerBrook[...]

Pre-pack administration of Bistrot Pierre saves 682 jobs News

Pre-pack administration of Bistrot Pierre saves 682 jobs

15 July 2020

French casual dining group Bistrot Pierre has been bought out of administration in a pe-pack sale that will save 682 jobs.

Four Vapiano sites sold through pre-pack administration News

Four Vapiano sites sold through pre-pack administration

07 July 2020

Four Vapiano sites of the pizza and pasta brand’s seven UK locations have been sold as part of a pre-pack administration, securing more than 200 jobs and the future of the brand in the UK.

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The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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