Press Up group

Paddy McKillen Jr.: The Hospitality Hero We Didn't Know We Needed!

Press Up Hospitality Group's co-founder keeps his hands in the pie after a major takeover! 🥧

Paddy McKillen Jr., the mastermind behind one of Ireland's biggest hospitality chains, Press Up Hospitality Group, has confirmed that he will remain involved in the company following a significant takeover by Cheyne Capital. McKillen expressed his delight at the news, reassuring fans of the group that all venues will remain operational, except for the Wowburger on Parnell Street which has hit a bit of a roadblock. Given that Cheyne Capital is owed a staggering €45 million by the wider group, it’s clear that some restructuring is necessary to keep this hospitality giant afloat.

For those who fancy dining out in Dublin, fear not! Most of your favorite eateries will still be serving up those tasty delights—at least until Cheyne Capital decides to sprinkle some fresh funds into the mix. McKillen Jr. recognizes the importance of keeping the community spirit alive as he navigates through these changes. Fast-paced fun in the food industry, with innovation and investment standing at the forefront of everything they do, Press Up is determined to adapt and thrive!

Interestingly, this takeover by Cheyne Capital comes amidst discussions about the firm's impressive portfolio. The business isn't just about bars and eateries; they also own several hotels, showcasing the robust potential of hotels and hospitality ventures in Ireland’s ever-evolving landscape. What’s more, with the global rise in hospitality trends, from unique dining experiences to extraordinary hotel stays, it’s clear that the appetite for delectable dining and immersive experiences continues to grow!

In a nutshell, McKillen has not just overseen a major company shift; he's also ensured his ongoing involvement so that he can guide Press Up through these turbulent waters. This move demonstrates how even the most significant upheavals can’t squash the creativity and resilience that defines the hospitality industry. With challenging times come fresh opportunities, and McKillen looks all set to capitalize on this very notion!