Private Equity

SA Brain reported to be selling pubs to Song Capital and Cerberus

SA Brain in deal to sell estate

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.

Former history: a previous bid from Platinum was unanimously rejected by Marston's

Platinum walks away from Marston’s bid

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.

Private interest: Marston’s has confirmed reports that US-based Platinum Equity has made an initial approach to take the firm private

Marston’s confirms private equity interest

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.

Hawthorn in exclusive talks for Nectar

Hawthorn in exclusive talks for Nectar

By Mark Wingett, M&C Report

Hawthorn Leisure, the pub group backed by May Capital, is believed to have entered exclusive talks to acquire Nectar Taverns, which operates 25 wet-led freehouses in the north-west.

Staropramen: Carlsberg will distribute

Carlsberg to distribute Staropramen in UK

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...

Private equity: attracted by pubs’ ability to throw off cash

Hansen: private equity to eye pubs

By Michelle Perrett

Private equity will be looking to invest back into the tenanted pub market, Peter Hansen of Sapient Corporate Finance has predicted.

Loungers in Bournemouth: success in the sun

Loungers' turnover boost

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,...

Punch: review due in January

Private equity rumours over Punch

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...

Eclectic: £1.8m on three new openings

Eclectic Clubs & Bars to open three venues

By Ewan Turney

Eclectic Clubs & Bars has splashed out £1.8m on opening three venues in Manchester, Norwich and Oxford. The operator, backed by private equity...

Many private equity investors believe valuations will fall in pub sector

Pubs are 'Marmite' for investors

By Ewan Turney

The pub and leisure sector is "Marmite" for private equity investors — they either love it or hate it, according to a new survey. Research by BDO...

Martin: hit out at private equity groups

Martin: private equity ruining pubs

By Ewan Turney

Private equity groups are "running down" the pub industry through "stupidity" and "greed" — that is the astonishing attack launched by JD...

Diary Special

Diary Special

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...

NewsDigest

NewsDigest

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...

Business Opinion

Business Opinion

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...

Tchenguiz's M&B bid could come next week

Tchenguiz's M&B bid could come next week

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...

Capital idea

Capital idea

The Yates MBO is the latest in a series of private equity investments in pub companies. Bill Priestley, of Legal & General Ventures, examines the...