Simmons Bars to expand to 30 sites following £10m acquisition
Simmons Bars is planning to expand its London-based chain of 12 bars to 30 by 2020, having been acquired by Lonsdale Capital Partners for £10m.
Established in 2013, the Simmons chain now boasts bars in King’s Cross, Camden, Clerkenwell, Soho, Liverpool Street, Fulham and Balham.
Nick Campbell, the co-founder and CEO, will continue to lead the business with the support of Lonsdale.
With Londsale’s support, the company intends to continue adding further sites across London, with the aim of expanding to over 30 bars in the short to medium term.