An independent café-bar and restaurant group inspired by the relaxed spirit of the Devon and Cornish coasts, Deckhouse was established to capture the laid-back, social vibe of a hidden beach retreat. The business offers a welcoming atmosphere where people can connect, unwind, and enjoy the essence of coastal living. Preparing all food fresh on-site, Deckhouse serves from brunch through to dinner and caters for celebrations and events, including wine tastings and music evenings.
Founded in Gloucestershire and Somerset in 2022, Deckhouse is led by Managing Director James Spragg, previously Chief Executive of the Big Table Group, and chaired by Mark McQuater, former Chief Executive of Revolution and Barracuda.
The UK’s bar and restaurant sector is highly competitive and has faced significant challenges in recent years, particularly in the aftermath of the COVID-19 pandemic. However, the market is recovering at pace and is projected to exceed £19.5 billion by 2026.
“We’re delighted to back Mark and James as they embark on their expansion. They are a hugely experienced senior team, and there is a window of opportunity now for well-priced high street bars and restaurants. Deckhouse is well positioned to capitalise on these opportunities, and we look forward to working with the business as it scales.”
Luke Matthews, Partner at Maven
“We are thrilled to have Maven’s support and funding through the South West Investment Fund as we set out to create something truly unique, fresh, and exciting for the high street. Deckhouse is a destination that thrives across all dayparts and brings a new energy to the local scene.”
James Spragg, Managing Director of Deckhouse
“We’re pleased to support Deckhouse’s growth as it expands its presence in the region. With a seasoned leadership team and a vision rooted in high-quality service, Deckhouse has great potential to thrive in the dynamic UK hospitality market."
Lizzy Upton, Senior Investment Manager at British Business Bank
The purpose of the South West Investment Fund is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the region. The Fund is increasing the supply and diversity of early stage finance for South West smaller businesses, providing funds to firms that might otherwise not receive investment and helping to break down barriers in access to finance.
SWIF Maven Equity Finance can provide investment of up to £5 million to support ambitious earlier and later stage businesses across the South West of England. To date, the Fund has backed sustainable packaging innovator, Kelpi, global wireless solutions provider Blu Wireless, healthcare buy and build operator, Covestus, Microsoft adoption specialist, Changing Social, leading robotic additive manufacturer, Q5D and award winning dairy producer, Tom Parker Creamery.
If your business, or the business you advise, is looking for an equity investment as a solution to fund future growth, get in touch here >