Finance News

The Vurger Co

Generation Next: The Vurger Co

21 Nov 2018

The Vurger Co founders Rachel Hugh and Neil Potts discuss building a loyal following, proving the vegan doubters wrong, and navigating an unfamiliar industry.

Simon Townsend

EiG: 2020 is ‘just a line in the sand’

21 Nov 2018

Ei Group chief executive Simon Townsend has told MCA that 2020 is merely a ‘line in the sand’ in terms of its strategy and he expects the managed pub estate to continue growing at up to 125 pubs a year well into the next decade.

Marston's House

Marston’s reports ‘solid’ start to FY19

21 Nov 2018

Marston’s has reported a ‘solid’ performance in the seven weeks since 29 September, with growth in pub like-for-like sales (lfls) and own and licensed beer volumes.

Manchester House

Liverpool hotelier backs Byrne’s Manchester House takeover

21 Nov 2018

Aiden Byrne has confirmed that he is returning to lead Manchester House, which was put into administration by Living Ventures last month.

Wagamama restaurant

Leading TRG shareholder against Wagamama deal

20 Nov 2018

One of The Restaurant Group’s (TRG) biggest shareholders has come out in opposition to the company’s proposed £559m acquisition of Wagamama.

Roosters Piri Piri exterior

Roosters Piri Piri looking to hit century of sites by 2021

20 Nov 2018

Roosters Piri Piri is aiming to reach the 100-site mark by 2021, predominately through expansion in the UK, but also in overseas territories, MCA has learnt.

Ei Group

EiG managed lfls up 7.1%; ‘considerable interest’ in commercial property arm

20 Nov 2018

Ei Group (EiG) has reported like-for-like (lfl) sales up 7.1% in its 308-strong managed division for the year to 30 September.

Peach Pubs High Field in Edgbaston

TRG pulls out of Peach talks

19 Nov 2018

The Restaurant Group (TRG) has pulled out of talks to acquire Peach Pub Company, the Midlands-based, multiple pub operator, as it puts all its focus on getting its proposed £559m acquisition of Wagamama across the line, MCA understands.

Revolution Bars Group

Playing hard to get

11 Oct 2018

The board of Revolution Bars Group has once again rejected the possibility of a deal with Deltic. James Wallin looks at what was actually being discussed, gauges the thoughts of Revolution shareholders and asks what’s next for the key participants, as well as former suitor Stonegate.

Vagabond

Draft House deal gives paws for thought on BrewDog

27 Mar 2018

Yesterday’s announcement that BrewDog had acquired the 14-strong Draft House estate is the latest twist in the endlessly entertaining story of the Scottish upstart. MCA editor James Wallin discusses what this means for wider perceptions of BrewDog, as well as the implications for Draft House as a brand.

Peter Marks

Marks’ theory on Revolution

15 Aug 2017

Deltic Group chief executive Peter Marks talks to MCA about the group’s proposal to merge with Revolution Bars Group to create a 125-strong “powerhouse” late-night operator.

Stonegate

In the mixer

01 Aug 2017

When Revolution Bar Group’s shares plummeted nearly 40% back in May it felt very much like a case of when, rather than if, Stonegate Pub Company would make its move for the Mark McQuater-led bar chain. With that steep decline in share price in mind, Stonegate’s 200p a share offer looks likely to lead to a positive outcome for all involved

Admiral Taverns

Inside Track: Admiral intentions

13 Jul 2017

Do the bids for Admiral Taverns show that after years in the shadows of managed pubs and casual dining, that tenanted pubs are now back at the centre of M&A activity? MCA deputy editor James Wallin looks at why the segment is so attractive for investors at the moment, what a bid for Admiral could mean for the wider sector and who could be next.

Peter Hansen at The Pub Conference

Where are the next M&A deals?

18 Apr 2017

The Government has thrown many obstacles at pub operators from Brexit, the introduction of the national living wage, the market-rent-only (MRO) option and a new tax on soft drinks. Peter Hansen gives us his expert view on the market and his advice on the possibility of future M&A activity

GBK exterior

M&A activity – 2016 a year in review

24 Jan 2017

2016 was another eventful year in the restaurant and bars sector. Despite some strong headwinds, a steady flow of deal activity has continued over the last 12 months. BDO M&A specialists Tom Barnard and Eleanor Moulsdale take a look at the deals that shaped 2016 and who will be the movers and shakers over the next 12 months.

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