Popeyes UK Secures £43 Million in New Financing to Accelerate Nationwide Expansion

Popeyes® UK has secured £43 million in new finance facilities from Barclays Corporate Banking to support the continued rollout of its fast-growing restaurant portfolio across the UK.

The new funding package, combined with ongoing backing from private equity firm TR Capital—which acquired a majority stake in the business in 2024—will provide Popeyes UK with the financial flexibility to build on its success and execute its ambitious expansion strategy.

Since entering the UK market in 2021, Popeyes UK has experienced rapid and sustained growth, now operating more than 80 locations nationwide. The brand plans to nearly double its footprint in 2025 alone, with 45 new restaurant openings targeted over the course of the year.

“Barclays has been a highly supportive banking partner for Popeyes in the UK,” said Drew Taylor, Chief Financial Officer at Popeyes UK. “These new finance facilities are a testament to the strength of our business and will allow us to accelerate our growth trajectory as we continue to bring our distinctive Louisiana-style chicken to communities across the UK.”

Commenting on the partnership, Mike Saul, Head of Hospitality and Leisure at Barclays Corporate Banking, said: “We are proud to support Popeyes UK in their next phase of growth. Their dynamic expansion strategy aligns with our commitment to helping UK businesses invest for the future. This deal also complements our recently announced £22 billion Business Prosperity Fund, aimed at helping clients of all sizes reach their full potential.”

Popeyes UK is part of the global Popeyes® brand, known for its bold flavours and New Orleans heritage. The company’s expansion is expected to create hundreds of new jobs and bring its signature chicken sandwich to even more UK high streets.