Ashridge Capital invests further growth capital in Oakman Inns

Ashridge Capital has invested a further £1m in Oakman Inns, providing growth capital to fund new sites.

Oakman has grown from seven sites in 2012, when Ashridge Capital first invested, to 27 sites generating c.£45m of turnover currently.  The business has turnover of c.£45m.  Oakman prides itself on delicious, hearty food made from scratch in open kitchens, a carefully sourced selection of wine, beers, local real ales and a range of innovative cocktails.  The pubs juxtapose traditional features in historic buildings with a contemporary design edge, providing sophistication and style with warmth and comfort.

The business was founded by Peter Borg-Neal, CEO, in 2007. This is Peter's third venture in the sector, the previous two having delivered good returns for shareholders. Oakman plans to double the business over the next five years.