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US chicken wing brand Wingstop has announced a minority investment in its UK franchisee, Lemon Pepper Holdings (LPH), to help drive further expansion across the country.
The investment comes after the group recently announced
“We are thrilled to partner with the Lemon Pepper team as they grow their brand presence in the UK, a market with tremendous long-term potential,” says Wingstop CFO Michael Skipworth, who is joining LPH s board of directors as part of the deal.
“We believe this strategic use of our capital will strengthen the development pipeline in that market.
Wingstop entered into a 100-restaurant agreement with LPH in 2017 as the sole franchisee for the UK market.