Stonegate Pub Company
 |
|
| Industry | Hospitality |
|---|---|
| Headquarters | Luton, England |
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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 |
Stonegate Pub Company is a British pub company with 660 pubs and bars.
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.
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.
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. In June 2015 it was reported that Stonegate Pub Company had bought 15 pubs owned by MacLay Inns (A fomer brewing company based in Alloa, Clackmannanshire, Scotland) from administration.
The company is incorporated in the Cayman Islands.
The company operates the Scream, Slug and Lettuce, Yates's, Common Room, 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.
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Wikipedia