Celebrity TV chef Jamie Oliver is looking for a new investor for his restaurant business. He was forced to close various sites due to less people eating out.
Alix Partners who are advisors were hired to sell a stake to an investment partner.
A spokesman for Jamie Oliver Group said: “Building on the success of Jamie’s recent books and TV shows, Jamie Oliver Restaurants Group is seeking an investment partner to work alongside Jamie and the team to evolve and expand the business in the UK and international markets.”
Speaking to the Press Association last month Oliver said, “I think we will come back, and it will come back strong and it will be relevant,” he said.
“For myself and most of the others it’s just sticking it out and listening. I think lots of lessons have been learned but I still believe in the sector.”