Paddy McKillen Jnr confirms takeover of his Press Up group by London investment firm

In a challenging period for the sector, this transaction is really positive and allows Press Up to begin the next chapter in its story.

We're excited for the future and for the business to be able to focus on providing outstanding hospitality experiences for our customers and are also delighted to be staying involved.

Cheyne have been a very supportive partner for a number of years and when we first began discussing with them about taking an equity position in the business, it became clear straightaway this was the best path forward.

Press Up is delighted to have the support of long-standing partners who know the business well.

Read at Irish Independent