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Status: Funded

May 11th 2021 - May 25th 2021

Maven Leisure Limited, or Maven, is being established by the current owners and senior management of ETM Group Limited, which operates 13 premium bars, pubs and restaurants in Central London including, rooftop bar Aviary, The Botanist Sloane Square, premium sports bars Greenwood, Westwood and Redwood and its brew and sports pub, Long Arm Pub and Brewery. Maven's founders aim to take advantage of favourable market conditions and raise third-party capital to fund anticipated growth over the next three to five years. ETM asserts that it has grown from a single site to a business turning over c.£35 million and generating c.£3.2 million EBITDA with no external equity funding since its formation in 2013. It aspires to take Maven towards profitability. Maven cites data stating that sector experts predict a rapid return to previous levels of business in the hospitality sector once the Covid-19 lockdown is relaxed. It aims to capitalise on this sentiment and use the investment to grow its profitability across different verticals.

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  • Withheld
    pledged

    Withheld
    target

    £7,985,714
    pre-money valuation

    4.30%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

    13278320
    company number

    Active
    company status

    19/03/2021
    incorporated 3 months

    News

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  • Withheld
    pledged

    Withheld
    target

    £7,985,714
    pre-money valuation

    4.30%
    equity available

    Withheld
    investors

    Withheld
    pledge per investor

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    company number

    Active
    company status

    19/03/2021
    incorporated 3 months

    News
  • Internet Business Awards Category Award Winner 2015
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