Giggling Squid secures £6.4m from BGF to accelerate restaurant expansion.
BGF provides £6.4m in minority equity funding to support the Thai restaurant group's portfolio growth.
A Thai restaurant group operating sites across the South of England, serving fresh cuisine for lunch and dinner alongside takeaway options.
Giggling Squid has secured £6.4m in funding from BGF to support its national expansion plans and open new restaurant locations.
The investment gives BGF a minority equity stake in the business, alongside board representation. The company currently operates thirteen sites across the South of England and employs approximately 300 staff.
The capital will enable the business to add further venues to its portfolio over the coming years, creating additional jobs alongside its steady revenue growth.
Use of funds
- 01Expand into international markets
- 02Grow the team
Investors
About the company
Giggling Squid
Giggling Squid operates a growing portfolio of Thai restaurants across the UK.