Thai Leisure Group has secured a £10m injection from Santander to fuel its expansion plans.
The restaurant and cocktail bar chain, which currently has a real estate portfolio comprising 11 restaurants and four cocktail bars, is looking to expand by an additional six restaurants this year and eight in 2016.
It is also looking to expand its street food brand Thaikhun, which currently has two sites in Spinningfields, Manchester, and Union Square, Aberdeen.
The first of these new openings will be in Oxford and Cambridge. The site of the former Cleaver restaurant in Oxford will open in April, followed by Cambridge Quayside in May.
Other key cities that TLG currently has earmarked for the Thaikhun roll-out include Nottingham and Guildford, Surrey.
Steve Harrison, growth capital director, Santander corporate & commercial, said: “The business is one of the fastest-growing and exciting in the sector with huge potential for future growth and it is great to be able to support Martin, Kim and the team in the next stage of their journey in taking Thai Leisure and its brands nationwide.”
