STACK receives investment to accelerate growth

By Restaurant

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Leisure venue operator STACK has received investment from Kings Park Capital

Related tags STACK Street food Food Hall QSR

Leisure venue operator STACK has received investment from Kings Park Capital (KPC) to accelerate its growth of entertainment venues.

STACK is poised to launch a flagship site in Newcastle at Worswick Chambers in 2025, in a revitalisation of the historic Grade II listed building. The new venue will feature nine bars and 10 street food units.

Before that it will open STACK Middlesbrough in the spring 2024, marking the beginning of a series of site launches that include STACK Lincoln, which is already in the construction phase, and St James’ STACK, a joint venture with Newcastle United that will establish a Fan Zone by the stadium.

Founded by Neill Winch in 2017, STACK initially made its mark with its Newcastle site, which opened in 2018 and which attracted more than three million visitors before its closure in 2022.

The business operates container parks in Carlisle, Manchester, Sunderland, and Sheffield together with several development projects aimed at repurposing vacant retail spaces, breathing new life into city centres in locations such as Lincoln, Durham, Bishop Auckland, Whitley Bay​,​ and Northampton​.

KPC’s investment will be used to fund the current pipeline of projects and accelerate STACK’s growth, according to Winch. “Teaming up with Kings Park Capital, a specialist investor in the leisure sector, is instrumental for our growth,” he says.

“This investment will enable our extensive pipeline of new STACK venues to become a reality.”

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