Vine Acquisitions Limited, backed by Patron Capital and May Capital, has acquired The Laine Pub Company.
Laine is one of the leading independent, vertically integrated managed pub companies in the South East of England. With origins dating back to the opening of the iconic Mash Tun in Brighton in 1996, the Laine pub estate has grown to comprise 54 managed, independent pubs, in London (21) and Brighton (33).
Laine's multi-award-winning pubs are at the heart of their local communities and have been at the forefront of providing innovative, inspirational, entertainment experiences to their customers. These range from live music, escape rooms and miniature golf courses to virtual reality booths, retro arcades and an in-house circus, alongside an exciting range of craft beers.
Laine Brew Co is increasingly well known for its popular range of highly sought-after, cutting edge, craft beers, including Source, Ripper, and Word, which are all brewed at Laine's custom-built modern brewery.
Harry Stoakes, Leisure M&A Partner commented "It has been a pleasure to work with such a talented management team, Graphite Capital and Risk Capital on this transaction. Laine has skilfully created destinations that the demanding millennial customer seek – inspirational experiences in unique sites that connect with the local community"
"The BDO team were exceptional from start to finish and their hands on support was really appreciated" Gavin George, CEO, The Laine Pub Company
"I was impressed with BDO's depth of sector knowledge, their detailed planning and rapid execution" Gary Pettet, Chairman, The Laine Pub Company