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May 25, 2021
Wingstop, which has more than 1,500 locations worldwide, has made a minority investment in its UK business, operated by Lemon Pepper Holdings Ltd. The investment follows a strong performance in the UK and underscores the brand s confidence in the market, Wingstop CFO Michael Skipworth said in a company press release.
We believe this strategic use of our capital will strengthen the development pipeline in that market, and I am excited to join the Lemon Pepper Holdings Board of Directors and play a role in helping achieve the potential for the Wingstop brand in the UK, he said.
Dallas-based Wingstop entered into a 100-restaurant agreement in 2017 with LPH founded by Saul Lewin, Tom Grogan, Herman Sahota and Paddy Bamford as the sole franchisee for the UK market. LPH opened Wingstop s first restaurant in the heart of central London, and its portfolio now has a mix of high-street, shopping mall and ghost kitchen locations. ....

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