Stonegate Pub Company
Stonegate Pub Company purchased Ei Group on 3 March 2020 for £1.27bn, making it the largest pub company in the UK with around 4,500 sites.
Its portfolio is comprised of 1,289 sites within the managed division and 3,284 leased and tenanted businesses (Ei Publican Partnerships).
The company was formed in 2010 by private equity firm TDR Capital after it purchased 333 pubs from Mitchells & Butlers in a £373m deal. Originally trading from rented offices near Birmingham airport it then moved its operations office to Capability Green in Luton in June 2011 when 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 August 2013, Stonegate acquired 13 Living Room sites from Premium Bars & Restaurants. In June 2015, a further 15 sites were acquired from Scottish pub, bar and hotel operator, Maclay Inns, and later that same year 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 & Lettuce to further expand the brand. Later that year, Stonegate exchanged on a package of 10 JD Wetherspoon pubs and acquired Walkabout owner Intertain, adding a further 30 sites to its portfolio.
Further acquisitions took place in 2017 and 2018 with the company acquiring the Sports Bar & Grill concept (2017), Be At One, and 15 Novus Leisure sites (2018).
In January 2019, Stonegate acquired Bar Fever Ltd (Fever Bars) – 32 venues comprising 29 bars, including Fever Boutique, Zinc and Moo Moo, as well as three Bierkellar Bavarian pubs and a further six sites from Novus Leisure.
Stonegate’s managed pubs division is split into Branded and Traditional (unbranded) pubs. Branded is comprised of: Slug & Lettuce, Walkabout, Be At One and Venues, (including Popworld and Fever).
Stonegate Pub Company is multi-award-winning for its business performance and commitment to developing its people.
For more information visit https://www.stonegatepubs.com