The noodle-bar chain attracted investments of £17m from Hutton Collins, the boutique investment bank, and banking facilities of £47m from Royal Bank of Scotland, The Independent reported.
Four directors, including finance director Steve Hill, landed a £4m windfall as a result of the deal, which leaves Wagaman with £13m of capital expenditure and overdraft facilities.
Hill owns 15% of the company under the new deal.
It is estimated the chain could double its current 25 stores across the UK with the money.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.