Valiant Pub Company secures further £14m debt finance

The Valiant Pub Company has received a further £14m in debt financing from Metro Bank.

This latest facility brings Metro Bank’s total funding to Valiant to £26m. Valiant is backed by Njord Partners, which provides financial support to the group as well as deep operational and strategic expertise.

With Njord’s continued backing and debt capital, Metro Bank believes that Valiant is well-positioned to grow rapidly in coming months and transform local pubs into thriving community hubs.

The facility was arranged by Paul Robinson at Metro Bank with Sloyan leading the transaction on Valiant’s side. Metro Bank was advised by HCR Legal and Colliers while Valiant was advised by Gosschalks.

Valiant is a pub platform focused on revitalising and growing high-quality, community-led pubs throughout the UK, founded in October 2021 by Gerry Carroll and Mark McGinty.

Established in 2013, Njord Partners manages capital in excess of €1bn (£860m), investing in European middle-market companies.

Nick Kalamaras, head of hospitality and leisure at Metro Bank, said: “We’re pleased to continue supporting Valiant’s growth journey and strengthen our successful relationship. We are committed to supporting the UK’s hospitality industry and we have the industry expertise to support high quality operators like Valiant, alongside our commitment to providing relationship banking.”

Jen Sloyan, Valiant’s chief financial officer, added: “We currently own and operate around 90 community pubs across the UK and this funding will enable us to continue to invest in great pubs and great communities. We value the partnership with Metro Bank and appreciate their ongoing support.”