Team members involved:
Drake & Morgan is an innovative bar-restaurant chain based in central London combining a stylish and accessible environment with a unique all-day food and drink offering. All dishes use seasonal, locally sourced ingredients, and there are over 25 wines available by the glass, along with a range of imaginative cocktails. Other features include a “mixology” bar, a deli counter and master classes for customers in cocktail making, wine tasting and butchery.
The eating and drinking out market has demonstrated impressive growth over the past 20 years which is set to continue. Drake & Morgan has a highly differentiated offering that is attractive to both consumers and landlords, and a strong pipeline of sites for future development. This was an opportunity to back an entrepreneurial management team to roll-out a proven formula, building on our track record in the industry.
Since our investment, Drake & Morgan has opened ten new sites – six in London, two in Manchester, one at Heathrow and one in Edinburgh. In addition, it acquired the C&B Bars estate in 2016, bringing the total number of units to 24. Nine new sites are planned for opening over the coming years, and there is potential for over 70 units across the UK as a whole.Website: www.drakeandmorgan.co.uk Read more about our Consumer & Leisure strategy
Bowmark has brought a new dimension to the business in terms of fresh thinking.Jillian MacLean, Managing Director