Deep Blue Restaurants
Our Partner Mike Simson led a team which advised Deep Blue Restaurants in successfully raising institutional funding for a significant minority investment in the Company from Rapid Realisations, a pre-IPO fund managed by Cenkos.
Deep Blue is a chain of twenty one high quality fish and chip restaurants in the South of England. The funds have primarily been raised to rebrand certain existing sites and finance the acquisition of further shops. The intention is to substantially expand the footprint of the Business over the next three years which will make Deep Blue the clear market leader in the sector.
James Low the Chief Executive of Deep Blue Restaurants said “This is a very exciting time for Deep Blue and I would like to thank Mike Simson and his team for their creative advice and commitment in helping us to reach this key point in our development”.
Simultaneously with the equity investment Mario Budwig, the founder of the Millies Cookies chain, which now has over one hundred stores, will be joining the Board of the Company as the non-executive chairman.
