Stonegate Pub Company

Stonegate Pub Company
Industry Hospitality
Headquarters Luton, England
Key people
Simon Longbottom (Chief Executive)
Brands Scream
Slug and Lettuce
Tattershall Castle
Henry's Café Bar
Yates's
Missoula
Owner TDR Capital
Website www.stonegatepubs.com

Stonegate Pub Company is a British pub company with 660 pubs and bars.[1][2]

History

The Auctioneer (now The Lost Hour), an unbranded Stonegate pub in Greenwich, London.

The company was formed in 2010 by private equity firm TDR Capital, after it purchased 333 pubs from Mitchells & Butlers. It then moved its head office to Capability Green in Luton. In June 2011 Stonegate merged with Town & City Pub Company, creating the largest privately held managed pub operator in the UK and acquiring the Yates's and Slug and Lettuce brands in the process.[3][4][5]

In April 2013, the company announced a debt issuance via Morgan Stanley, allowing the equity investors to refinance existing debt and release cash from the company for their own purposes. It

In November 2015, Stonegate acquired 53 pubs from Tattershall Castle Group (TCG) including the Henry's Café Bar and Tattershall Castle brands. In January 2016 the company began a programme to update the former TCG estate pubs and re-brand many of the venues to Slug and Lettuce to further develop the brand.

Brands

The company operates the Scream, Slug and Lettuce, Yates's, Henry's Café Bar and Missoula brands as well as numerous unbranded pubs.They are also rolling out the Popworld Brand across the UK replacing some of the old Flares and Reflex Estate. [6]

See also

References

External links

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