News
Local Boroughbridge pub gets makeover
The community pub which sits on the edge of the market town near the river has a large garden and car park. The refurbishment includes new exterior signage, fully revamped toilets, complete redecoration throughout, new furniture and fixtures and fittings. Artwork displayed in the pub now celebrates the history and bygone days of the market town.
Red Oak Taverns recapitalises, raises significant capital for growth
Red Oak Taverns has completed a recapitalisation of its business, providing significant additional capital to enable it to continue its ambitious acquisition programme. The transaction includes a debt refinancing with Hayfin Capital Management, a leading European credit investment firm with €23bn in AUM that has invested over €30bn of capital across more than 420 companies since its inception in 2009. The loan was provided via Hayfin’s Direct Lending strategy, which invests in loans to strong European middle-market companies as a long-term partner to support their organic and acquisitive growth ambitions.
Red Oak Taverns completes first pub acquisition of 2022
Red Oak Taverns has made its first pub acquisition of 2022, The Vine in Worthing bringing its pub estate to 205.
Co-founder and Chief Executive of Red Oak, Mark Grunnell said, “Following the five portfolio acquisitions we completed in 2021, we are delighted to start our 2022 programme with the Vine pub. We are looking forward to welcoming the tenant partner of The Vine to the Red Oak business.
“We continue to focus on growing our pub estate through single and multiple pub package acquisitions to develop our pub business further”.
Horse & Jockey pub gets second investment in six months
The Horse & Jockey in Widnes, operated by Debbie Topping has just received its second makeover by pub owners Red Oak Taverns. Following the new garden and outside bar being completed last summer, it has now received a six figure internal and external refurbishment.
Red Oak team take the pressure off for riverside pub
The New Harp Inn in the picturesque village of Hoarwithy, situated in the Wye Valley, an area of outstanding natural beauty in Hereford has frequently suffered from flooding due to a clogged up brook running through the pub gardens. Our intrepid operations team Jeff Dunn, (business development manager), Charles Stewart (project manager) and Nathan Audas (operations director) were challenged to become drainage and garden clearance experts for a couple of days.
Red Oak Taverns acquires free of tie pub estate in Bristol
Red Oak Taverns has completed the acquisition of eight free of tie pubs in Bristol from Euphorium Pubs Limited for an undisclosed sum. This makes it the fifth portfolio acquisition this year by the independent pub operator growing their estate to 208 pubs operating on a range of flexible agreements.
Kingfisher has £150,000 transformation
“The pub is completely different and the customers absolutely love the changes. We’ve been able to provide them with a much needed pub that focuses on the community and I’m really looking forward to be able to launch food here soon too”.
Red Oak Taverns tenant wins Best Pub Chef
We want to send massive congratulations to Gordon Stott of the Purefoy Arms who was awarded Best Pub Chef at the Great British Pub Awards 2021.
Local couple take over the Bulls Head
Former pub managers, Ali and Alan Coughlin made the jump into self-employment by taking their first tenancy at the Bulls Head, Frodsham with Red Oak Taverns. Having 19 years of pub management expertise and experience they literally grabbed the opportunity by its horns and transformed the pub inside and out.
New business partners at the Castle
Business partners Charlie Lock and James Cowley took over the Castle pub in Halton, Runcorn in September 2020. Charlie with an events and festival management background and James, a classically trained chef were granted a partially tied agreement with Red Oak and reopened the pub that had been closed for the previous 6 months.