Loungers plc

Loungers is a British chain of relaxed, all-day, neighborhood café-bars. Its extensive menu, which features a diverse range of options, appeals to a wide variety of tastes and occasions. Additionally, the company caters to kids and vegetarians with dedicated menus. In 2010, they introduced a second brand, Cosy Club, offering a slightly more formal dining experience with upscale additions to its food and a broader drinks selection. This dual concept approach has enabled Loungers to appeal to a broad demographic and accommodate various occasions.

Since its establishment by Dave Reid, Alexander Reilley, and Jake Bishop on August 29, 2002, Loungers has expanded to nearly 100 locations across the UK. The last £42.50M Debt Financing investment from Santander Corporate & Commercial on April 29, 2019 signifies a notable advancement for the company, potentially paving the way for further growth and innovation in the Food and Beverage and Hospitality industries.