Ashridge Capital increases its equity stake in Pod Food

Ashridge Capital has invested further in Pod Food, the healthy fast food group, enabling legacy shareholders to obtain liquidity.

Pod operates 24 sites in London, serving freshly prepared and healthy breakfast, lunch and dinner dishes to takeaway or eat in. Ashridge Capital first invested in 2016.

The management team is led by David Haimes (Chairman), a proven operator with extensive experience in the sector, including Group CEO of Obicà, CEO of Itsu, CEO of Tchibo, MD (Operations) of Luminar plc and CEO of Yumi Restaurants International; and Alex Young (CEO), former Commercial Director at Itsu and who has been instrumental in driving significant operational improvement. David Sherratt, founder and CEO of Ashridge Capital, joined the Board as non-executive Director.