Founded in 2002 by three friends — Alex Reilley, 41, Jake Bishop, 41, and Dave Reid, 49, this company operates 53 café bars and restaurant bars, which are open all day. Piper Private Equity bought a significant minority stake in Loungers for £16m in 2012, and 12 new venue openings in the past year have helped the company to raise sales to £33.7m.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.
