Amber Taverns currently owns and operates 95 pubs in the North of England and the Midlands.
The company usually buys distressed and failing freehold pubs and it is on track to have 100 pubs open by the end of 2014 with sites secured for a further five pubs to open over the next six months.
MxP Partners founder Michael George said, “ We are delighted to have the opportunity to re engage with the management team with whom we founded the company in 2005.
“Given MxP’s prior relationship with management and knowledge of the business, MxP were uniquely placed to acquire the business in a short period of time.
“By leading a select group of co investors in this transaction, MxP have completed another investment into a high quality, established growth investment. We look forward to working with all stakeholders to further expand and improve the business over the medium term.”
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