About Loungers
Loungers is a company based in Bristol (United Kingdom) founded in 2002 was acquired by Fortress Investment in November 2024. Loungers has raised $79.88 million across 2 funding rounds from investors including Fortress Investment. Loungers operates in a competitive market with competitors including The Restaurant Group, Leon Restaurants, YUM! Brands, Dishoom and YOUNG’S, among others.
- Headquarter Bristol, United Kingdom
- Stage Public
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Loungers Plc
- Date of Incorporation 28 Mar, 2019
- Jurisdiction BRISTOL
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$79.88 M (USD)
in 2 rounds
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Latest Funding Round
$10.23 M (USD), Post-IPO
Apr 23, 2020
- Investors
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Employee Count
Not available
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Acquired by
Fortress Investment
(Nov 28, 2024)
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People of Loungers
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Funding Insights of Loungers
Loungers has successfully raised a total of $79.88M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $10.23 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Loungers
Loungers has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fortress Investment.
| Investor | Description | Founded Year | Domain | Location |
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Provider of credit, private equity, and capital investment services
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Investor details for Loungers
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Investments & Acquisitions by Loungers
Investment portfolio details for Loungers
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Financial Statements - Loungers
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Loungers Comparisons
Peer comparison for Loungers
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Competitors of Loungers
Loungers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Restaurant Group, Leon Restaurants, YUM! Brands, Dishoom and YOUNG’S, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Hundreds of restaurants and pubs are operated across the UK.
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Quick service restaurant chain
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Restaurants chains
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Multi-category food is served by a chain of limited-service restaurants.
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A chain of restaurants is operated, offering food and drinks.
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Detailed competitors of Loungers
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Latest news on Loungers
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Frequently Asked Questions about Loungers
Loungers was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Loungers is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Loungers is a funded company, having raised a total of $79.88M across 2 funding rounds to date.
Loungers, based in Bristol, focuses on food and agriculture, food service chains, restaurants, and diversified. Chain of restaurant operates cafe-bar and dining serving food beverages products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Loungers's top competitors include The Restaurant Group, YUM! Brands and YOUNG’S.
Loungers has 1 investor. Key investors include Fortress Investment.