As a stakeholder in Burger King UK, British private equity investor Bridgepoint is reportedly planning for the restaurant chain’s London Stock Exchange (LSE) listing for approximately $819m (£600m).

Bridgepoint is said to be holding talks with advisers for the LSE listing.

The restaurant chain posted a significant sales increase of £117m last year, up from £101m a year earlier.

Bridgepoint has held a stake in the Burger King UK estate since 2017 and owns a portfolio of 66 restaurants.

The latest move comes at a time when other restaurant companies in the UK are planning to make a debut and capitalise on reduced competition in the post-Covid-19 pandemic market.

However, Burger King did not immediately respond to requests for comment on this matter.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

British newspaper The Sunday Times reported that Burger King UK is also in talks with institutional stockbroker Numis and financial services company Investec.

In July, Bridgepoint, which owns nearly 80% of Burger King’s UK estate, reportedly announced plans to divest the operations next year.

Additionally, in May, Burger King opened its first UK delivery-only kitchen in London by partnering with delivery kitchen business FoodStars, which is backed by former Uber CEO Travis Kalanick.

The chain entered this segment amid an increase in demand for home deliveries, which soared during the coronavirus pandemic.

Established in Kentish Town, north London, Burger King said that its new venture has the potential to reach more than 400,000 customers in the region.