Cheltenham-based, Top 200 law firm BPE Solicitors has acted for London-based multi-site pub operator, Redcomb Pubs Ltd on their recent sale to Young’s & Co for £34million.
Founded in 2009, Redcomb Pubs has established a firm footing in London and the surrounding area over the last ten years, with fifteen sites to date; including pubs, restaurants, bars and pubs with rooms. Their primary focus over the years has been to provide customers with a venue that offers fresh, quality food and drink in a relaxed and friendly environment.
Young’s & Co is an award-winning pub and hotel chain that has established itself throughout London and the South East. This recent acquisition will bring their portfolio to around 200 managed establishments and help strengthen their foothold in the area.
BPE’s Corporate team, led by Anthony Rudge, Louise Grzasko and Kathryn Broughton oversaw the sale, acting on behalf of Redcomb’s shareholders. Commenting on the deal, Anthony said, “It is fantastic to work with a dynamic, forward-thinking company like Redcomb. They have built up an impressive portfolio in a short space of time and now get to reap the rewards.”
Dan Shotton, Managing Director of Redcomb Pubs commented, “We are proud of all we’ve achieved over the years, watching an idea and passion develop into a thriving business has been really rewarding. BPE were vital to completing this deal, not only because they helped us in our negotiations but also for their proactive support and great communication throughout the process.”