In December 2016, Better Capital announced it had sold iNTERTAIN Limited to Stonegate Pub Company for an enterprise value of £39.5m.
Duff & Phelps acted as the financial advisor to Better Capital on the transaction.
Better Capital acquired iNTERTAIN in November 2014 and successfully restructured and invested in the business, returning it to being profitable and cash generative.
About iNTERTAIN
iNTERTAIN owns and operates a national chain of bars trading principally under the Walkabout brand.
About Stonegate
Stonegate is one of the UK's largest managed pub companies, with 662 sites nationwide.