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Pret - About the company

Pret is an acquired company based in London (United Kingdom), founded in 1986. It operates as a Chain of food shops. Pret has raised an undisclosed amount in funding. The company has 246 active competitors, including 13 funded and 28 that have exited. Its top competitors include companies like YUM! Brands, Leon Restaurants and YOUNG’S.

Company Details

Social
Facebook
Key Metrics
Founded Year
1986
Location
Stage
Acquired
Investors
Ranked
Annual Revenue
£500M - £1B as on Jan 02, 2025
Employee Count
8,455 as on Dec 31, 2023
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by JAB Holding Company (May 29, 2018)

Pret's acquisition details

Pret got acquired by JAB Holding Company on May 29, 2018.
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Pret's funding and investors

Pret has raised funding over 2 rounds. Its first funding round was on Aug 13, 2014. Its latest funding round was a Grant (prize money) round on Jan 01, 2018 for $*****. 1 investor participated in its latest round. Pret has 4 institutional investors.

Here is the list of recent funding rounds of Pret:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 01, 2018
6983295
Grant (prize money)
4974583
2128824
7724560
3338942
Aug 13, 2014
3124035
Conventional Debt
4875833
2607309
7155389
3374836
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Pret's founders and board of directors

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Pret's employee count trend

Pret has 8,455 employees as of Dec 23. The total employee count is 11.0% lower than what it was in Dec 22. Here is Pret's employee count trend over the years:
Employee count trend for Pret
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Pret's Competitors and alternates

Top competitors of Pret include YUM! Brands, Leon Restaurants and YOUNG’S. Here is the list of Top 10 competitors of Pret, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for YUM! Brands
YUM! Brands
1997, Louisville (United States), Acquired
Restaurants chains
-
-
69/100
2nd
Logo for Leon Restaurants
Leon Restaurants
2004, London (United Kingdom), Acquired
Quick service restaurant chain
$32.5M
66/100
3rd
Logo for YOUNG’S
YOUNG’S
1831, London (United Kingdom), Public
Chain of restaurants offering food & drinks
-
57/100
4th
Logo for Loungers
Loungers
2002, Bristol (United Kingdom), Acquired
Chain of restaurant operates cafe-bar and dining serving food & beverages products
$79.9M
56/100
5th
Logo for Pret
Pret
1986, London (United Kingdom), Acquired
Chain of food shops
-
56/100
6th
Logo for Tortilla
Tortilla
2007, London (United Kingdom), Public
Real California burritos & tacos restaurant chain
$5.66M
55/100
7th
Logo for Dishoom
Dishoom
2010, Manchester (United Kingdom), Seed
Chain of limited service restaurant serving multi-category food
-
55/100
8th
Logo for Nando's UK & IRE
Nando's UK & IRE
1987, London (United Kingdom), Unfunded
Chains providing dine-in, delivery, and collect options for chicken dishes
-
-
55/100
9th
Logo for Turtle Bay Restaurants
Turtle Bay Restaurants
2010, Bristol (United Kingdom), Public
Restaurant chain serving Carribean style food based in UK
$9.28M
51/100
10th
Logo for The Restaurant Group
The Restaurant Group
1954, London (United Kingdom), Acquired
Chain of multiple restaurants and pub
-
50/100
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Pret's Investments and acquisitions

Pret has acquired 2 companies including EAT and EAT. Pret has not made any investments as of now.

Reports related to Pret

Here is the latest report on Pret's sector:

News related to Pret

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Media has covered Pret for a total of 8 events in the last 1 year, 4 of them have been about company updates and 3 about people movement.
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FAQs about Pret

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