Escape room firm finds key to growth with five-figure HSBC UK funding
A Yorkshire business specialising in escape rooms has expanded across the region and beyond with support from HSBC UK.
Entertainment, hospitality and leisure firm The Escapologist has launched in four new locations, including two outside of the region, after securing a £65k package from the bank.
The new funding has enabled the firm to create new escape rooms within new and existing bars in Yorkshire and beyond, including The Works at High Wycombe and The Old Courthouse in Consett.
Oliver McClaren, chief operating officer of The Escapologist, commented: “This is a really pivotal moment in our growth.
“We’re delighted to have HSBC UK’s support as we expand from a small business with 2 regional venues in Selby & Xscape Yorkshire and 20 employees, into a national franchise with a double-digit number of sites across the country.”
“We’re excited to share our business concept with more people across Yorkshire and further afield.”
Scott Johnston, relationship manager for Business Banking Direct at HSBC UK, added: “We’re delighted to support the growth of The Escapologist as the company continues to increase its presence not only in Yorkshire, but also the wider UK.
“The company has tapped into a rapidly growing market and identified growth opportunities by working in partnership with existing businesses to create a unique experience for customers.
“The new escape rooms are already proving hugely popular among friends and colleagues alike, ensuring existing businesses continue to thrive with their new experiential entertainment offering.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
The speed of the world, and the scale-ups rocketing through it
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans