The funding comes from OakNorth, marking a significant step in the company's growth strategy. This investment comes shortly after the opening of its first location outside London, in Brighton. Market Halls already operates in London, with locations on Oxford Street, Canary Wharf, Victoria, and Paddington, with the Oxford Street location being a landmark for visitors.
National expansion is the main goal of this capital injection, which includes the acquisition of new venues across the UK. Andy Lewis-Pratt, founder and executive director of the firm, highlighted that its Shelter Hall establishment in Brighton is an example of Market Halls' ambition to be cultural anchors in addition to successful points of sale.