Ashcombe is pleased to announce that it has raised growth capital for Flight Club, the technology led Social Darts venue.
The new funding will support the opening of Flight Club’s second site and the development of the technology; which has already been licensed in the USA.
Steve Moore, CEO and Founder of Flight Club, commented: “We have been working with Ashcombe for over a year and they understood our business, and what we were trying to do, right from the beginning. They have structured a great financing for us, simplified the group’s structure in a way that seems obvious to us now, and we look forward to working with them on an ongoing basis, as the advisers who have the best experience in this space”
Simon Bullivant, Founding Partner of Ashcombe, added: “We are delighted to be working with Flight Club, which is a unique hospitality experience with fabulous customer reviews, as well as impressive site metrics. We have done four transactions in the hospitality space this year, and have identified businesses like Flight Club which have a social entertainment angle as some of the most exciting opportunities in the industry. We look forward to working with them on an ongoing basis”