RSM’s M&A and private equity team has advised Mowgli Street Food on raising £3.45m from Foresight Group to fund its ambitious UK-wide expansion plans.
Founded by Nisha Katona in 2014, Mowgli Street Food is a chain of Indian street food restaurants serving healthy, authentic Indian dishes: the kind of food, Indians eat at home and on their streets. Since inception, Mowgli Street Food has opened sites in Liverpool and Manchester. The funding secured from Foresight will support the business’s roll-out of restaurants across the UK, including sites in Birmingham and Leeds later this year.
What RSM did
RSM was engaged to manage the deal through to completion, supporting Nisha and her team on all aspects of the transaction, and leading negotiations with Foresight Group.
'On appointment RSM’s logical approach to the transaction and negotiations gave me immediate confidence. Throughout the deal their straight forward advice and round the clock support proved invaluable to me – without them I am certain we would not have achieved such a great result.'
Nisha Katona, Founder
Mowgli Street Food
Rob Donaldson, Partner
Connor Agnew, Associate Director
Abby Bayliss, Executive