Venture Capital

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.

Dave Daly: Predicts bright future for managed houses

Managed houses fit for future success

By Dave Daly

It seems that a lot of managed houses are running a lot stronger than they were 10 to 15 years ago, including a few wet-led town centre pubs, writes Dave Daly.

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.

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...

Knowles: attracting high-calibre people

Building a business without borders

By Phil Mellows

Beds & Bars is one of the UK leisure sector's most successful firms overseas. Phil Mellows meets its ebullient boss, Keith Knowles. Eighteen...

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...