Revolution Bars Group plc has completed a fundraising
Revolution Bars Group plc has successfully raised US$16.4 million (£12.5 million) in funds. This will support the restructuring plan proposed by Revolution, securing a sustainable and prosperous future for the business amidst external market challenges.
Revolution Bars Group plc is an AIM listed operator of premium bars and gastro pubs. The Alternative Investment Market (AIM) serves as a sub-segment of the London Stock Exchange (LSE) and has been specifically tailored to help smaller, riskier or high-growth companies secure significant capital from the public market. The company trades mainly under the Revolution, Revolución de Cuba and Peach Pubs brands. Revolution has a portfolio of around 90 venues, employing over 3,000 individuals across the UK.
Oaklins Cavendish, one of Oaklins’ member firms in the UK, acted as advisor to Revolution Bars Group plc in this fundraising.
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