Urban Pubs & Bars buys 13 Barworks sites
Urban Pubs & Bars, the independent pub, bar and restaurant group, has acquired 13 pubs and bars from Barworks.
Urban Pubs & Bars, the independent pub, bar and restaurant group in London, has acquired 13 pubs and bars from Barworks, increasing its number of venues to 34.
The Barworks transaction expands Urban's presence in east and north London, including in Shoreditch, Clerkenwell and Camden, and adds iconic sites to the portfolio such as The Exmouth Arms in Exmouth Market; Singer Tavern in Moorgate; and Harrild & Sons in Farringdon.
The acquisition, advised by TLT, follows recent external investment in Urban, which was designed to help accelerate the company’s growth.
“We’ve known the guys at Barworks for many years and are delighted to be able to acquire so many iconic pubs that complement our existing estate perfectly," says Nick Pring, co-founder of Urban Pubs & Bars.