Rosa's Thai secures funding for expansion

Rosa’s Thai, the TriSpan-backed restaurant group led by Gavin Adair, has secured new bank facilities from high street lender Barclays to help fund its ongoing openings pipeline.

Rosa’s Thai now operates 33 restaurants in England and Wales, with upcoming launches in Reading, Oxford, Glasgow and Leamington Spa already confirmed. The business also opened its first overseas location in Dubai in October.

Group finance director Tsara Taylor comments: "I'm delighted with the result of our recent refinance, undertaken during what is still a very challenging period for the sector. It’s great to be able to look ahead with increased confidence for the future and I am very much looking forward to partnering with Barclays as we continue to grow the business."

Neil Parry (Parry Advisory) and Alistair Lee (Argyll Debt Advisory) jointly advised on the funding process. 

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