Loungers - Ownership and Business Overview

RestaurantsCompany

Loungers Ownership

Who owns Loungers?

Loungers is owned by Lion Capital. It was acquired on December 20, 2016.

Is Loungers PE-backed?

Yes. Loungers is owned by private equity investor Lion Capital.

Was Loungers formerly PE-backed?

Yes. Loungers was formerly owned by 1 private investor.

Loungers Business Overview

Where is Loungers headquartered?

Loungers is headquartered in Bristol, United Kingdom.

What sector is Loungers in?

Loungers is a restaurants company.

When was Loungers founded?

Loungers was founded in 2002.

Restaurants M&A Summary in 2016

Out of 60 sectors in the Mergr database, restaurants ranked 44 in number of deals in 2016. The largest restaurants acquisition in 2016 was Plateno Hotels Group Co . - which was acquired by Shanghai Jin Jiang International Hotel Development for $1.5B.

Join Mergr to view all 41 acquisitions of restaurants companies in 2016, including 19 acquisitions by private equity firms, and 22 by strategics.

Loungers

Loungers Ltd.

2nd & 3rd Floors 14 Saint Thomas Street,
Bristol, BS1 6JJ
United Kingdom,
+44 11 7930 9971
www.thelounges.co.uk

Loungers is a chain of informal, all-day, neighbourhood café-bars comprised of two brands: Lounges and Cosy Clubs. Over the past four years, the company has more than quadrupled the number of sites to 94, opening 20 sites a year since 2014 and creating employment for almost 2,000 people. Loungers was founded in 2002 and is based in Bristol, United KIngdom.


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