Piper exits Hickory’s to Greene King

We are delighted to announce our exit from Hickory’s, the UK’s leading BBQ smokehouse restaurant group, to pub retailer and brewer Greene King. Founded in 2010 by Neil McDonnell, Hickory’s is a family friendly, smokehouse and BBQ restaurant group with a strong focus on food quality and authenticity. Meats are slow cooked for up to

Exit: Barking Heads bought by Inspired Pet Nutrition, joining Wagg and Harringtons.

We are proud to announce that Inspired Pet Nutrition (IPN), a leading independent UK pet food company, has announced the acquisition of Pet Food UK, including its three brands Barking Heads, Meowing Heads and AATU, from Piper and its founders. Founded in 2009 by Paul Hunter, Dave O’Regan and Jim Moloney and led since 2017

Exit: PROPER bags new home

We are delighted to announce that Exponent Private Equity has taken a majority stake in our partner brand PROPER, creating a partnership with Eat Real and marking the end of our wonderful five-year journey with the team at PROPER. Although the brands will remain distinct, the combination will create Europe’s largest and fastest growing Better

Exit: Mindful Chef finds new home with Nestle after 5x growth

We are delighted to announce that Mindful Chef has been bought by Nestlé. In a wonderful two-year journey since we invested £6m in December 2018, sales have increased fivefold to £50m. It’s astonishing how something so special has been built in such a short period of time – school friends Giles Humphries, Myles Hopper and Robert

Exit: Forthglade quadruples branded sales 

We are delighted to announce that we have sold our stake in natural dog food brand Forthglade to IK Investment Partners. We want to thank the Forthglade team for an incredible five-year journey which began when we invested £6m in September 2015 when the business had sales of £11m. We first met the team when

Orlebar Brown sets sail from Piper to luxury fashion group CHANEL

Piper has exited its investment in Orlebar Brown, the luxury swim and resort wear brand, to Chanel SA. The terms of the transaction were not disclosed.   Founded in 2007 by Adam Brown and former business partner Julia Simpson-Orlebar, Orlebar Brown pioneered the tailored approach to men’s beach and swim shorts and has since evolved
It has been an honour working closely with Adam and the great team at Orlebar Brown on their entrepreneurial journey. Congratulations to them and to Piper, our fabulous investor, on a great outcome.
John Ayton, MBE, Chairman of Orlebar Brown

Piper successfully exits cocktail bar chain Be At One to Stonegate Pub Company

Piper has sold its stake in Be At One, the nationwide cocktail bar chain to Stonegate Pub Company. Since its £8m investment in 2011, Piper has supported Be At One in expanding the business beyond its original London base, taking the chain from 11 to 33 bars, of which 17 are outside London, with a number of new sites in the pipeline. Over
Steve, Rhys and Leigh have, over the past 20 years, created a unique business and a very special legacy in Be At One, which remains in incredibly good hands through Stonegate and the Be At One senior team led by Andrew Stones
Mark Derry, Be At One chairman

Piper successfully exits Loungers to Lion Capital in £137m deal

Piper has sold its stake in fast growing café-bar chain Loungers to Lion Capital in a transaction valuing the business at £137m. Piper invested £16m in Loungers in April 2012 when the business comprised 20 Lounges and three Cosy Club sites across the UK. Over the past four years, the company has more than quadrupled
The Piper team have been absolutely brilliant for Loungers and we’ve enjoyed a wonderful partnership with them over the last five years. Piper’s experience, support and expertise have proved invaluable in assisting the management team to rapidly grow the business while protecting and enhancing the special culture that exists within Loungers.
Alex Reilley, Co-Founder of Loungers