Burger King UK, the fast-food chain backed by private equity firm Bridgepoint, has launched talks with lenders for a major refinancing, seeking additional capital to support its expansion plans, according to a report by Sky News.
The refinancing effort includes a bid to raise an additional £40m ($51.93m) in borrowing capacity, which will help fund the company’s business plan, alongside discussions to refinance £110m in existing debt. Prospective lenders are expected to engage in talks in the coming days.
Since acquiring Burger King UK in 2018, Bridgepoint has been actively expanding the business, accelerating restaurant openings and modernising its operations. The private equity firm has leveraged buy-and-build strategies to scale the business, including acquiring franchise-owned locations and driving operational improvements.
The additional funding could pave the way for further expansion, menu innovation, and digital transformation initiatives within Burger King UK.