YFM Equity Partners has invested £3m (€3.4m) in casual dining chain Friska.
Bristol-based Friska is predominantly focused on breakfast, lunch and coffee. The company says it offers “feel good food”, including breakfast boxes, noodles, burritos and cakes.
Friska was founded by Griff Holland and Ed Brown in 2009. It now has nine outlets in Bristol, Birmingham and Luton Airport.
With YFM’s investment the company intends to double store numbers over the next three years. Steve Hill, former chief executive of Wagamama and current chairman of Livingbridge-backed Pho, will join as chairman.
YFM made the investment through its VCT programme. The firm was advised by TLT, Francis and Stratton HR.
KPMG and Roxburgh Milkins served as financial advisers to Friska.