TriSpan (Rising Stars) Invests in Mowgli Street Food Group
January 30, 2023
TriSpan’s restaurant program Rising Stars has made a major investment in Mowgli Street Food Group, the UK-based Indian casual dining chain founded by Nisha Katona. The founder and management retain a significant stake and will continue to lead the business as TriSpan supports the group’s planned UK expansion; debt financing for the transaction was provided by OakNorth Bank and terms were not disclosed.
- Buyers
- TriSpan (Rising Stars)
- Targets
- Mowgli Street Food Group Limited
- Industry
- Restaurants & Hospitality
- Location
- England, United Kingdom
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
McWin and TriSpan Make Co-Control Majority Investment in Flat Iron
September 4, 2025
Restaurants & Hospitality
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.
-
TriSpan Rising Stars Invests in L'Atelier Entrecôte & Volaille
May 18, 2023
Restaurants & Hospitality
TriSpan's Rising Stars restaurant program has invested in L'Atelier Entrecôte & Volaille alongside CEO Hubert Lansac to support a planned European rollout. Terms were not disclosed; the investment expands TriSpan's portfolio of restaurant investments across Europe.
-
TriSpan (Rising Stars) Acquires Majority Stake in Shell Shack
November 18, 2021
Restaurants & Hospitality
TriSpan's restaurant platform Rising Stars acquired a majority stake in Shell Shack, a Texas-based experiential seafood and crab-boil restaurant concept. The investment will provide financial and operating resources to support Shell Shack's growth and national expansion plans; financial terms were not disclosed.
-
TriSpan Rising Stars Acquires Majority Stake in Pho
August 2, 2021
Restaurants & Hospitality
TriSpan's Rising Stars restaurant fund has acquired a significant majority stake in Pho, the UK-based Vietnamese casual dining group that operates 30 restaurants and 3 cloud kitchens. The founders and management retain meaningful ownership and the business will be led by Patrick Marrinan as Managing Director with TriSpan supporting a UK and international growth plan; terms were not disclosed.
-
TriSpan Rising Stars Makes Strategic Growth Investment in Maman
December 21, 2020
Restaurants & Hospitality
TriSpan’s Rising Stars platform made a strategic growth investment in Maman, a French‑themed café and bakery founded in 2014 with multi‑unit locations in New York and Toronto. The capital is intended to accelerate Maman’s expansion plans and scale the brand nationally and beyond; financial terms were not disclosed.
-
TriSpan (Rising Stars) Acquires Majority Stake in Naya Group
October 30, 2020
Restaurants & Hospitality
TriSpan’s restaurant platform Rising Stars acquired a majority investment in Naya Group, a fast-casual Middle Eastern/Mediterranean restaurant chain headquartered in New York. The investment will support Naya’s growth plans to scale its footprint across New York and into additional markets; financial terms were not disclosed.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.