50+ jobs saved across well-known south coast gelato chain

Our Restructuring Advisory team has saved 59 jobs at a popular south coast gelato chain, after securing a sale of the business and its assets.

Sprinkles Gelato is a family-run enterprise which originated in the south of England. Founded in 2012 by three brothers, the award-winning business produces and sells its own hand-crafted gelato, waffles, milkshakes and other desserts from its parlours on the south coast

Our Restructuring Advisory team was appointed as Liquidators of four companies trading as Sprinkles Gelato in Southampton and the surrounding area. Led by Director James Prior, the team helped to secure a sale of trade and assets, preserving 59 jobs across all four sites and allowing the business to continue trading under the Sprinkles brand.

James Prior, Restructuring Advisory Director at FRP, said: “The hospitality industry is facing numerous challenges at the moment – from high input costs to low consumer confidence – so we’re pleased that we were able to support the business during this difficult period of time and help to preserve jobs.

“Sprinkles Gelato is a popular fixture within the local community that has built a strong brand reputation off a combination of high-quality product and strong customer service. I look forward to seeing how the business continues to develop moving forward.”