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.
Stay Ahead with Kroll
Mergers and Acquisitions (M&A) Advisory
Kroll’s top ranked M&A Advisory practice spans sell-side, buy-side, due diligence, deal strategy and structuring, and capital raising.
Valuation Services
When companies require an objective and independent assessment of value, they look to Kroll.
Transaction Opinions
Our Transaction Opinions solutions span fairness opinions, solvency opinions, ESOP/ERISA advisory, board and special committee advisory, and complex valuations.
Transaction Advisory Services
Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.