Gresham House acquires minority stake in Rockfish

Financial details of the transaction remain undisclosed, though Gresham House writes equity cheques of up to £5m.

The company plans to increase its number of Rockfish-branded restaurants from six to 16 over the course of the next four years.

The group generated a double-digit increase in like-for-like sales in 2018, according to a statement.

Company
Founded in 2008 and headquartered in Dartmouth, Devon, Rockfish operates fish and chips restaurants in UK coastal towns and cities. The business has sites in Brixham, Dartmouth, Plymouth, Exmouth, Exeter and Torquay, in addition to operating the Seahorse restaurant in Dartmouth.

People
Gresham House Ventures - Tom Makey (associate director).
Rockfish - Mitch Tonks (CEO); Will Beckett (chairperson).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• United Kingdom