Bow Street Group in discussions with potential acquisition targets following trading update

Nick Wong, David Page, and Jonny Plant of Bow Street Group
Nick Wong, David Page, and Jonny Plant of Bow Street Group (©Bow Street Group)

Bow Street Group has revealed that it has entered discussions with several potential acquisition targets.

The group behind the Wildwood and dim’ t restaurants says it has set out plans to acquire a number of brands in the European and Asian cuisine space.

Following a relatively calm year, Bow Street reported that trading had stabilised during the final quarter of FY25, with some restaurants experiencing record trading in the four weeks before Christmas.

Group revenue for the four weeks ended 28 December 2025 rose by over 1.3% on a like-for-like basis and the group expects to report FY25 results in line with current market expectations.

“2025 was an important year for the Group as we completed a fundraise that will enable Bow Street to execute a revised strategy to create shareholder value based on improving the performance of the estate and delivering acquisitions of exciting and scalable restaurant brands,” says David Page, executive chairman of Bow Street Group.

“During recent months we have conducted a thorough review of the Group’s operations and have identified a number of areas for improvement.

“We have already started to implement some of these improvements and were pleased to see an uplift in trading in the run-up to Christmas.

“We are in active discussions with several potential acquisition targets spanning European and Asian cuisine.”

A year of rebuilding, refreshment and transformation

The next 12 months will be a key year for the business, according to Page. “Looking forward to 2026, it will be a year of rebuilding, refreshment and transformation for Bow Street,” he says.

Refurbishments of an initial six restaurants are currently underway, and new dishes are being launched across the estate, with plans for a new menu design to be trialled next month.

The company hopes the investments and new menus will help it adapt to the increases in national minimum wage and business rates to be introduced in April 2026.

Bow Street will also introduce new targeted incentive schemes for its employees and in December 2025 instituted a share option scheme over approximately 200 million ordinary shares for 105 team members (including the executive directors).

In September 2025 the group, formerly known as Tasty, raised £10.1m of new funds and changed its name to Bow Street Group.

It also saw David Page appointed as executive chairman and Nick Wong appointed as CFO.

A review of the group’s estate immediately commenced following the fundraising and over 280 work streams have been set up to improve performance in all areas of the business, with expectations to realise the benefits of this review in the coming year.

Further to the review, an agreement has been reached in connection with the lease at Gerrards Cross, which has been assigned to the landlord for a ‘substantial’ premium.

This restaurant, before rent amortisation, was marginally profitable at EBITDA level, according to the group, and would have required an outlay in excess of £150,000 to refurbish.