Impact Food Group - Bridges Fund Management

    

    




























 






    
	            
			    
    



    

    
    
    





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Impact Food Group

A new platform in educational catering providing high-quality nutritious school meals to primary and secondary school children

Investment Strategy

Growth Business

Theme

Healthier Lives

Date of initial investment

February 2018

Bridges Executives

Emma Thorne
Tom Redpath
Oliver Wyncoll

Challenge

One in every three 11-year-olds is now overweight or obese, and almost 60% more children in their last year of primary school are now classified as “severely obese” than in their first year.  Obese children are much more likely to become obese adults, with all the negative consequences this has for physical and mental health.

Investable Solution

The UK school catering market is worth over £2bn a year, spanning 22,000 schools and serving some 8.3m students. Schools and academy groups are increasingly seeking specialist catering partners who can provide accessible, high-quality and nutritious menus, alongside excellent service and value-for-money.

In 2018, Bridges created the Impact Food Group (IFG) bringing together the combined strengths of Innovate Services and Cucina to create one of the largest specialist school catering groups in the UK. Across the two companies, IFG will provide healthy and nutritious, restaurant-quality food at nearly 200 primary and secondary schools across England, with combined annual sales over £35m.

Both Innovate and Cucina have been growing rapidly as independent companies. By combining their respective strengths within IFG, the goal is to build a best-in-class operator with even stronger potential for future growth.

Outcomes

Promoting healthy eating in schools helps to combat obesity and fosters better long-term eating habits. Studies also suggest that children who eat healthier, nutritionally-balanced meals are more alert, better-behaved and more likely to perform well in school.

http://innovatefood.co.uk
https://www.cucina.co.uk/home