Stonegate purchases Be At One with plans to continue expansion

Kate Malczewski

Kate Malczewski

24 July 2018

Stonegate Pub Company is set to acquire Be At One for a cool £50m.

The go-to high street bar chain will join the likes of Slug and Lettuce and the Australian-themed bar chain Walkabout in the Stonegate portfolio, which already contains nearly 700 venues.

Stonegate has said that it intends to run Be At One as a standalone business, with the chain’s management and operational team remaining intact. However, the purchase will see the Be At One’s founding directors Rhys Oldfield, Steve Locke and Leigh Miller stepping down from the company.

In May, Be At One announced that it intends to grow its 33-strong bar portfolio to over 70 locations in the next five years, with continued emphasis on bartending and service training. Last year the chain secured £20m in a refinancing deal to support this pursuit. Stonegate has indicated that it plans to go ahead with the Be At One’s plans for expansion.

In separate news, Stonegate has also taken the opportunity to snap up 15 Novus Leisure venues, including Bar Soho.


Related content

News |  Beer & Cider

Thornbridge outlines expansion plans

Bakewell-based brewer Thornbridge has announced further expansion plans, including a new brew house and boosting capacity at its main brew house.The n

News |  Beer & Cider

Marston’s outlines expansion plans

Pub operator and brewer Marston’s opened 25 new pub restaurants in the past year, creating 1,250 new jobs, with plans to build a further 20 new pubs i

News |  Beer & Cider

Ossett Brewery sells 50% stake to bolster expansion plans

Yorkshire-based Ossett Brewery has sold a 50% stake in its business to a private investor for an undisclosed sum.The sale follows Ossett’s £1.7m inves


Stonegate acquire Walkabout operator, Intertain

Stonegate Pub Company has purchased the 30-strong Intertain company, operators of the Walkabout brand, as it looks to become the 'leading provider of