Living Ventures

New World Trading Co acquired by private equity firm

City news

New World Trading Co acquired by private equity firm

By MCA

Graphite Capital, the private equity backer of Hawksmoor and Corbin & King, has acquired the fast-growing pub and restaurant business New World Trading Company (NWTC), in a £50m deal, MCA understands.

Tim Bacon: Looking for concepts that will stand the test of time

The Big Interview: Tim Bacon

By Phil Mellows

After 25 years running bars and restaurants Tim Bacon, the founder and managing director of Living Ventures, has suddenly discovered pubs. And, as Phil Mellows discovers, there’s none so zealous as the converted.