News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Buyout duo seek second round of pub glory

Two private equity executives, who built their reputation from making a 11-times return on Punch Taverns, has bought a £373m pub portfolio

The private equity executives who built their reputation a decade ago from making an 11-times return on Punch Taverns in just one year have returned to the pub sector.

Buyout firm TDR Capital, founded by Manjit Dale and Stephen Robertson, has bought a portfolio of 333 pubs from Mitchells & Butlers for £373m, according to a statement this morning.

WSJ Logo