Olswang has advised Tossed Holdings Limited in relation to its recent £1.2 million fundraising through Seedrs, the equity crowdfunding platform, through which 661 new investors took a stake in the company.

Tossed, a provider of healthy, made-to-order salads, wraps and hot food, was founded in 2005 by Vincent McKevitt whose mission was to create a new, healthy and exciting food experience that didn’t compromise on taste or portion size, for the UK market. From having opened their first store in Paddington, London, they have now secured a total of 24 stores in office facing key locations in London, Westfield shopping centers and Bluewater in Kent, a number of Welcome Break service stations and with its first international partner in Dubai.

This latest injection of investment will enable the company to open additional sites in several key target locations and enable it to invest further in technology.

Tossed CEO Vincent Mckevitt commented: “Olswang’s assistance was invaluable in getting this deal over the line in a short space of time. Their sector experience and commercial advice was crucial in delivering a great outcome for the business and its shareholders”.

The Olswang team was headed by Tax Partner Graham Chase. Corporate Associate Ben Taylor led on the transaction, with assistance from Corporate Partner Nick Crosbie.