17-Jan-2022 By Ed Bedington
Leading Welsh brewer SA Brain is reported to be set to sell the freeholds of the majority of it’s pubs to a global consortium for a reported £100m.
11-Feb-2021 By Nikkie Thatcher
Platinum Equity Advisors has announced it does not intend to submit a revised proposal for Marston’s and will not make a firm offer for the business.
01-Feb-2021 By Nikkie Thatcher
Pubco Marston’s has refused a proposed takeover offer from America-based firm Platinum Equity Advisors.
29-Jan-2021 By Stuart Stone
Pub company Marston’s has confirmed reports that US-based Platinum Equity has made an initial approach to take the Wolverhampton-based operator private.
13-Oct-2017 By James Beeson
Scottish craft brewer Innis & Gunn has unveiled new designs for its packaged products, as well as a new process to manufacture its barrel-aged beers.
10-Apr-2017 By Nikkie Sutton
BrewDog has defended its decision to sell 22% of the company to private equity firm TSG Consumer Partners claiming the deal is not a sell-out.
29-Sep-2015 By M&C Allegra
Stonegate Pub Company, the TDR Capital-backed, managed pub operator, has agreed to acquire the majority of Tattershall Castle Group (TCG), for an undisclosed sum.
18-Nov-2014 By Noli Dinkovski
Bain Capital is to move three of its Brakes-owned fresh food businesses – M&J Seafood, Pauleys and Wild Harvest – under the management of a restructured Fresh Direct.
16-Nov-2011 By John Harrington
A capable and passionate management team that knows its business and has a clear strategy for growth — those are the most important things private equity looks for when investing in the pub sector.
21-Jul-2011 By Ewan Turney
Carlsberg UK is to market and distribute Czech lager Staropramen in the UK on behalf of owners StarBev from 14 August. Staropramen was acquired by...
08-Jul-2011 By Michelle Perrett
Private equity will be looking to invest back into the tenanted pub market, Peter Hansen of Sapient Corporate Finance has predicted.
09-Jun-2011 By Mark Wingett
Loungers, the privately-owned group behind the Lounge and Cosy Club concepts, has reported a 55% growth in turnover for the 12 months to 30 April,...
06-Dec-2010 By Ewan Turney
Several private equity groups are said to be plotting bids for Punch Taverns, according to reports. The Daily Mail reports that CVC, which was...
'Private equity group plotting bid for Punch Taverns'
05-Dec-2010
Private equity group CVC is thought to be plotting an audacious bid for Punch Taverns, whose leased and managed pub estates have combined debts of...
Mitchells & Butlers sells 333 pubs to private equity firm
20-Aug-2010 By Hamish Champ
Mitchells & Butlers has taken another step in its strategy of selling off non-core, wet-led pubs by announcing it has agreed to dispose of 333...
Pubs are a bad bet, say a third of private equity firms
15-Mar-2010 By Hamish Champ
A third of private equity firms think the leisure and hospitality sectors are a bad bet, according to new research. A survey by financial advisers...
11-Mar-2010 By Martyn Leek, M&C Report
Eclectic Bars said this morning it was optimistic for the future after revealing what it called a substantial increase in like-for-like sales and profits.
12-Jan-2009 By Ewan Turney
Private equity groups are "running down" the pub industry through "stupidity" and "greed" — that is the astonishing attack launched by JD...
19-Sep-2008 By The PMA Team
Realpubs is understood to have acquired three freehold London pubs from Mitchells & Butlers in deal estimated to be worth in the region of £7m....
'InBev hikes up price of a pint and feels Scots' wrath'
04-Aug-2008
Scotland's publicans are angry at plans by InBev to increase prices for the second time in four months. The owners of Tennent Caledonian will put 3p...
31 Peter Hansen partner, Sapient Corporate Finance (31) Jim Fallon managing director, McQueen (new entry)
29-May-2008
Why they're on the list: Hansen's outfit, Sapient Corporate Finance, is the sector's pre-eminent dealmaker. Since 2003, it has advised on more...
Diary Special
08-May-2008
O brother, where art thou? The real news this year from The Sunday Times' much-thumbed annual list of Britain's super rich was not who was in it, but...
'M&B in discussions with private equity firms'
25-Apr-2008
Mitchells & Butlers is in discussions with private equity investors about the sale of a sizeable stake "at a material premium to the current...
14-Apr-2008 By Ewan Turney & The PMA Team
Mitchells & Butlers is in talks to acquire Punch's managed division Spirit Group
NewsDigest
27-Mar-2008
The wife of smoke-ban rebel Hamish Howitt is being prosecuted for not being a member of the local pubwatch. Blackpool Council brought the prosecution...
M&B shares slide after gloomy analyst report
19-Mar-2008 By The PMA Team
Mitchells & Butlers shares tumbled by 18% at one stage this morning after an analyst's note suggested it may be short of cash. The company fell...
Business Opinion
13-Mar-2008 By with The PMA Team
Martin's private equity swipe is too general JD Wetherspoon (JDW) founder Tim Martin's comments on celebrity binge-drinking grabbed all the headlines...
Punch Taverns in M&B talks with private equity firms
10-Mar-2008 By Hamish Champ
Punch Taverns has refused to rule out teaming up with private equity groups to ensure its proposed merger with Mitchells & Butlers (M&B) goes...
'Buyout firms want M&B shareholders to keep half the business'
18-Feb-2008
Blackstone and CVC Capital Partners, the private equity firms, are understood to be planning a bid for the pubs group Mitchells & Butlers that...
11-Feb-2008 By The PMA Team
One Punch shareholder has warned it will vote against the proposed merger with Mitchells & Butlers
Private equity and the pub trade
31-Aug-2007 By Hamish Champ
Why does private equity get into the pub market in the first place? Pub estates are like any other property in terms of investment; being asset...
The positive spirit of private equity sector
08-Mar-2007
Senior business journalist Will Hutton could be heard on Radio Four the other week complaining about the increasingly visible role of private equity...
Pinstripe: Private equity; storm in a teacup?
20-Feb-2007
There's been a lot of stuff in the press recently about the private equity sector, much of which is absolute rot, in my humble opinion.Given that...
What the Sunday papers said
11-Feb-2007
Pub operator and brewer Young & Co is the target of rival pub companies, private equity groups and property players, with some observers...
What the Sunday papers said
21-Jan-2007
Swedish drinks giant Vin & Spirit, which manufactures Absolut vodka, the world's third largest spirit brand, is currently the subject of huge...
City Comment: Hamish Champ
11-Sep-2006 By Hamish Champ
Has the bubble burst, or begun to deflate somewhat, on private equity involvement in the pub market? If not, has the sector at last become wise to...
15-Mar-2006 By Iain O'Neil
Robert Tchenguiz could make a bid for Britain's biggest managed pub operator Mitchells & Butlers as early as next week say experts. The Iranian...
Alchemy plans £8m spend on Spirit sites
22-Sep-2005
by The PMA Team Private equity company Alchemy plans to invest £8m in the 178 pubs and bars it acquired from Spirit Group this week. Alchemy, which...
Spirit Group shareholder denies rift with management
05-Sep-2005
One of Spirit Group's main venture capital backers has moved to play down reports that the managed pub business is at odds with investors over is...
Spirit still on course for float
08-May-2005
A stock market float is still on the agenda for Spirit Group despite City concerns that growth has stalled in the business.The combination of a...
Private-equity bidders join fight for ailing SFI
24-Mar-2005
by The PMA Team Two private equity bidders are known to have joined Yates and Laurel owner Robert Tchenguiz in bidding for troubled Slug &...
Tide now favours McQuater MBO at Barracuda
03-Mar-2005
Barracuda chief executive Mark McQuater is hoping to lead a management buyout at the company after its owner, PPM Ventures, prepares to exit the...
A very public affair
04-Oct-2004
The City's short-termism has forced a number of publicly-listed pubcos to turn private, as John Porter reports.The City, they say, can be a harsh...
Capital idea
02-Sep-2004
The Yates MBO is the latest in a series of private equity investments in pub companies. Bill Priestley, of Legal & General Ventures, examines the...
Avebury set to balloon to 2,000-strong estate
26-Feb-2004
by The PMA Team Avebury Taverns, the operator of 750 leased and tenanted pubs, plans to expand to 2,000-plus pubs after a management buyout backed by...
Spirit plans review of S&N Retail pub brands
09-Oct-2003
Spirit plans a review of all Scottish & Newcastle (S&N) Retail pub brands after winning the auction for the managed pub business.Chief...
Spirit wins £2.5bn S&N pub auction
06-Oct-2003
Spirit Group has won the auction for the Scottish & Newcastle (S&N) managed pub business.S&N has confirmed the £2.51bn sale, which will...
What the Sunday papers said
29-Sep-2003
Sunday TimesLeisure industry legend Trevor Hemmings is preparing to burst back into the contest for the £2.4 billion Scottish & Newcastle pub...
What the Sunday papers said
30-Jun-2003
The BusinessMore than 10 potential bidders, including Hugh Osmond and Robert Tchenguiz, have asked to see the intimate trading details of the...
Hands up for S&N's estate
13-Jun-2003
The man who bankrolled billions from the UK tenanted and lease pub sector has thrown his hat into the ring for S&N Retail.City financier Guy...