Luke Johnson invests in Marechale Capital

Johnson, who is the chairman of private equity firm Risk Capital Partners and backer of restaurant and leisure groups including Gail’s Bakery, All Star Lanes and Lussmanns Sustainable Fish & Grill, is subscribing for 8,000,000 new shares at 2p each, raising £160,000 for the business.

Marechale's services are primarily at hospitality and renewable energy companies in the UK and Europe. Its clients have included Corbin & King, Hawksmoor, and Brewhouse & Kitchen.  

As part of the terms of the subscription, Johnson will have the right to join the board of the company, subject to regulatory due process, and has entered into a 12 month orderly market agreement in respect of the disposal of any shares.

Commenting on the investment, Marechale Capital CEO Patrick Booth-Clibborn said: “Luke Johnson is a successful entrepreneur and investor. Luke is a past Chairman of Channel 4 Television and PizzaExpress and his current directorships include Gail's Artisan Bakery, which was recently valued at more than £200m.

"The directors of Marechale Capital are delighted he has become a major long term shareholder and we look forward to working with him particularly where he can help with deal flow and investments for our current and future pipeline of growth capital clients.”