The Revel Collective, owner of Revolution bars, has set a bid deadline of January 9th, warning investors of potential loss. The company aims to finalize asset sales from its 62 locations to avoid collapse. Neos Hospitality is among interested buyers, eyeing late-night venues and Peach Pubs acquired in 2022.

In October 2025, The Revel Collective reported declining sales and is now pursuing a potential sale. The company suspended trading and ruled out an equity fundraising option. Neos Hospitality is in talks to acquire Peach Pubs, with both parties exploring a deal. The company rebranded from Revolution Bars last year.

Read more at Yahoo Finance: Revolution Bars operator sets bid deadline amid deal push