Bank OakNorth has provided the steakhouse group with a senior debt facility that will help the 18-strong chain continue to grow.
Last month, McWin Capital Partners and TriSpan partnered to secure a co-control majority investment in FI Holdings Limited, which operates Flat Iron restaurants, for an undisclosed sum.
“Flat Iron is one of the UK’s most impressive growth stories – a brand with a clear identity, disciplined operating model, and an exceptional track record of site-level profitability,” says Stuart Blair, debt finance director at OakNorth.
“The business has proven resilient in a challenging market and continues to win with customers through quality, value, and operational excellence, delivering consistent like-for-like…