Stonegate Group

Coverage tracks the performance, estate strategy, and operational activity of the UK’s largest pub company, including leasing models, brand segmentation, site investment, leadership commentary, and trading updates. Reporting provides valuable insights for pub operators, landlords, and suppliers monitoring market consolidation, value-led formats, and the evolution of drink- and food-led venues across the national estate.

  • Aug- 2024 -
    1 August
    NewsToday’s news in brief – 01/08/24

    Today’s news in brief – 01/08/24

    Stonegate Group has secured a refinancing deal from TDR Capital, following strong demand from investors. This refinancing will extend the group’s maturities on the revolving credit facility and the senior secured notes to January 2029 and July 2029 respectively, and reduce leverage from 8.2x to 6.5x RR EBITDA today. Restaurant…

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  • 1 August
    Pubs and BarsStonegate Group secures refinancing deal from TDR Capital

    Stonegate Group secures refinancing deal from TDR Capital

    Stonegate Group, the UK’s largest pub company, has secured a refinancing deal from TDR Capital LLP, a UK-based private equity firm. Stonegate Group has agreed to refinance £3.0bn of debt, following strong demand from investors. As part of the deal, funds managed by TDR Capital will make a £250m shareholder…

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  • Jul- 2024 -
    18 July
    NewsToday’s news in brief – 18/07/24

    Today’s news in brief – 18/07/24

    Roadchef has returned to profitability during 2023 after seeing its revenues jump 16.9% to £256m. It comes as the group reported profits before tax of £13.4m for the period, up from a previous loss of £6.6m. During the year, Roadchef welcomed over 49 million visitors to its motorway service areas…

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  • 18 July
    Pubs and BarsStonegate invests over £2.6m in four Slug and Lettuce venues

    Stonegate invests over £2.6m in four Slug and Lettuce venues

    Stonegate Group has announced the opening of Slug and Lettuce in Albert Square, Manchester, following a £2.6m investment across four of its venues. According to Stonegate, the investments signal a “new era” for Slug and Lettuce, marked by an “evolution in the look and feel” of venues across the UK.…

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  • Jun- 2024 -
    25 June
    NewsStonegate appoints new non-exec director

    Stonegate appoints new non-exec director

    Stonegate Pub Company has appointed Mark Davies as a new non-executive director.   Davies is the CEO of Primary Health Properties, the FTSE 250 UK real estate investment trust, and a non-executive director of Palace Capital, a regional focused REIT.  He was previously a co-founder and CEO of NewRiver REIT and…

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  • 24 June
    NewsStonegate revenues hit £916m in H1

    Stonegate revenues hit £916m in H1

    Stonegate group’s revenues reached £916m in the 28 weeks ended 7 April 2024.  Adjusted H1 EBITDA for the group was up 7.7% to £196m, compared to £182m for the same period in 2023, with a particularly strong performance from L&T and operator-led businesses.  During the period, the leased and tenanted…

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  • May- 2024 -
    20 May
    Pubs and BarsStonegate Group to reopen The Grove pub in Leeds

    Stonegate Group to reopen The Grove pub in Leeds

    The Grove is set to re-open its doors on 30 May, following a substantial, restorative six-figure investment from the largest pub company in the UK, Stonegate Group. The Grove has been closed since November after an unfortunate fire incident last year. The refurbished pub now features new ceilings, windows, and…

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  • 17 May
    NewsToday’s news in brief – 17/05/24

    Today’s news in brief – 17/05/24

    Joe and the Juice reported a 42% revenue rise to £275.9m for 2023. For the first time in several years, the group also saw a positive operating profit, which reached £20.4m. The increase in operating profit was primarily driven by a continued focus on profitability and on the opening of…

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  • 17 May
    PeopleRedCat Pub Company appoints new group property director

    RedCat Pub Company appoints new group property director

    RedCat Pub Company has announced the appointment of David Roberts as its new group property director, effective from the start of June.  He replaces Kamran Aziz who will be entering planned retirement, officially leaving the business at the end of June after an “orderly” handover.  Aziz was part of the…

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  • Apr- 2024 -
    9 April
    NewsToday’s news in brief – 09/04/24

    Today’s news in brief – 09/04/24

    RedCat Pub Company’s net losses after tax have widened to £31m during the year ending 2 April 2023, up from £5.4m in the year before. This comes despite the pub group achieving a turnover of £120.5m, up from £62.8m in 2022, and gross profits of £89.2m, rising from £47.2m. Group…

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