BGF invests £3.5m in Filmore & Union

The company will use the fresh funding to expand its restaurant portfolio across the north of England and the Midlands.

BGF has introduced former Frankie & Benny's managing director Kevin Bacon as part of the deal, who will join Filmore & Union's board as non-executive chair.

Filmore & Union joins UK-based restaurant chains Bar Soba, Barburrito and Giggling Squid in BGF's portfolio.

In 2015 Filmore & Union launched a crowdfunding campaign via the platform Crowdcube, raising £865,000.

Company
Filmore & Union was founded in 2012 by Adele Ashley. It started as a single restaurant in York and has expanded across the north of England to Harrogate, Ilkley, Beverley, Skipton and Wetherby. It has also opened food-to-go delicatessens in Newcastle and York, and a concession in John Lewis. The business generates revenues of £6m.

People
Business Growth Fund – Mike Clarke, Chris Boyes (investment managers).
Filmore & Union – Adele Ashley (founder).

Advisers
Equity – Walker Morris, John Hamer, Thomas Mieszkowski (legal).
Company – TLP Capital Partners, Paul Land, Andy Kerr (corporate finance); Freeths, Dahren Naidoo (legal).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• Venture
• United Kingdom
• BGF (Business Growth Fund)