Burger King UK, backed by private equity firm Bridgepoint, is in talks with lenders to refinance its existing debt and secure additional borrowing capacity.

The refinancing package includes £110m in existing debt, with an additional £40m sought to support the company’s business plan. Discussions with potential lenders are set to take place in the coming days.

Bridgepoint previously invested £35m in Burger King UK in October 2023, at which time the company announced plans to open more than 60 new restaurants over two years. The business reported a 30 percent increase in total revenues to £381.8m in 2023, with like-for-like sales growing by 3 percent. Operating profit reached £13.4m, driven by expansion and strong sales performance across existing locations.

Burger King UK directly owns more than half of the brand’s 600 outlets across the country, while the remainder operate under franchise agreements. Sources indicate that the company is outperforming the wider quick-service restaurant market in like-for-like sales growth, supported by its premium Gourmet Kings range and an expanded value platform catering to price-conscious consumers.

Investment bank DC Advisory is advising Bridgepoint and Burger King UK on the refinancing process. The move underscores private equity’s role in driving expansion and operational efficiency in the competitive fast-food sector, as investors seek to optimise portfolio assets amid evolving consumer trends.