McWin and TriSpan Make Co-Control Majority Investment in Flat Iron
September 4, 2025
McWin Capital Partners' McWin Foodservice Fund and TriSpan's Rising Stars Programme have jointly secured a co-control majority investment in FI Holdings Limited (Flat Iron), a UK steak restaurant chain with 18 locations. Piper, the prior specialist investor, is exiting; Flat Iron CEO Tom Byng will remain to lead the business as the new investors back expansion across the UK and the start of international growth.
- Buyers
- McWin Capital Partners, TriSpan
- Targets
- Flat Iron (FI Holdings Limited)
- Sellers
- Piper
- Industry
- Restaurants & Hospitality
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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