Deals

MxP Partners

  • Published: Wed, 28 May 2014 09:45 GMT

Smith & Williamson advises on the Acquisition of Amber Taverns

Smith & Williamson Corporate Finance has provided advisory support to MxP Partners on its acquisition of Amber Taverns in a transaction valued at approximately £80 million.

Amber Taverns is a community pub company which owns and operates 85 pubs in the North of England. MxP Partners was a founding shareholder of the business in 2005 and has now led an investment consortium backing the existing management team in acquiring the business from LGV Capital. The transaction will see the business look to continue growing the size of its estate across Northern England, the Midlands and Wales over the forthcoming years.

Michael George, founder of MxP Partners, said: “Given our prior relationship with management and knowledge of the business MxP was uniquely placed to acquire the business in a short period of time. The pro-active support provided by Smith & Williamson Corporate Finance during this process played an important role in securing a positive outcome”.

Disclaimer
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.

Note to editors
Smith & Williamson is an independently owned professional and financial services group with over 1,700 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-to-large corporates. The group has twelve offices; these are in London, Belfast, Birmingham, Bristol, Cheltenham, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton.

Smith & Williamson Corporate Finance Limited
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