Bagel Nash Backed by YFM Equity Partners

Through three of its funds, YFM Equity Partners has backed the management buy-in of Bagel Nash, a UK-based bagel bakery and retail business, for an undisclosed amount.

YFM has backed Andy Micklethwaite as new CEO of the company and Sara Hildreth as Retail Operations Director.
The investment, which was made through Chandos and two British Smaller Companies Venture Capital Trusts, aims to help the company to to open up new outlets in the North, North-West and the Midlands and grow wholesale and export trade.

Established 24 years ago, Bagel Nash is an artisan bakery that produces over 12 million bagels every year and exports gourmet bagels to over 20 countries. The company currently operates 11 coffee and bagel bars in Leeds, York, Huddersfield and Manchester where it employs 130 people.

FinSMEs

05/08/2011

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