The deal, for an undisclosed sum, is part of the company’s long-term succession strategy, and will support Buzzworks’ goal of becoming a Scottish hospitality operator with a turnover exceeding £100 million.

The buyout, supported by funding through Alchemy Partners, will see West Coast Capital remain a key investor and Cynergy Bank become the Buzzworks’ new banking partner.

Established in Ayrshire in 1978 and previously led by siblings Colin, Alison, and Kenny Blair, the group currently operates 22 venues and has plans for further expansion.

Kenny Blair said: “A life’s work has gone into making Buzzworks what it is today, and our family couldn’t be prouder of what we’ve achieved.

“However, our job isn’t anywhere near done and we’re as passionate about it now as we were 40 years ago.

“Along with my brother and sister, we’ve tried to stay true to our mission of making people feel great through hospitality - and that founding spirit will continue to drive us forward in this next chapter as we aim to more than double the size of the business and create hundreds of new sustainable jobs.

“This deal gives us the momentum to move further, faster - investing in people, places and new formats, including venues with rooms in more towns and suburbs across the country.”

Buzzworks received advice from Fraser Anderson and Rob Cockcroft of Sapient Corporate Finance.