Epiris Fund III has acquired Amber Taverns, a leading UK pub operator, as part of a strategic investment to enhance growth in the resilient UK pub sector.

Target Company Overview

Epiris LLP has announced that its Fund III will acquire Amber Taverns, a prominent pub operator in the United Kingdom. This acquisition marks the fifth investment for Fund III, which also includes companies like Delinian, LoneStar, Pure Cremation, and GSF Car Parts. While the financial details of the deal have not been disclosed, the significance of this acquisition is noteworthy given Amber's established presence in the pub sector.

Amber Taverns operates 178 freehold pubs, primarily located in the North of England, the Midlands, Scotland, and Wales. These contemporary establishments, which are well-invested and focused on community engagement, operate under a unique hybrid “operator-managed” business model. Founded in 2005 by CEO James Baer, Amber has consistently thrived by offering customers competitive prices and a diverse selection of leading drink brands, all within high-quality environments complemented by premium live sports coverage and various forms of entertainment, such as live music and interactive darts.

Industry Overview in the UK

The UK pub industry has shown resilience over the years, demonstrating significant adaptability amidst changing consumer preferences and economic fluctuations. Home to a rich history of social drinking and