Startups
Wear Inns acquires and manages freehold pubs in the North East of England.
BGF’s funding was used to acquire 12 new properties, with the company then successfully delivering on its strategy of driving operational improvement in underperforming pubs.
The business was acquired by UK real estate investor Aprirose in October 2018, generating good returns for all shareholders.
BGF’s funding was used to acquire 12 new properties, with the company then successfully delivering on its strategy of driving operational improvement in underperforming pubs.
The business was acquired by UK real estate investor Aprirose in October 2018, generating good returns for all shareholders.
Overview
Total raised
$16.16M
Investors 1
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Funding Rounds 1
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Mentions in press and media 2
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| May 8, 2012 | Wear Inns Receives £10M Growth Investment | Wear Inns, a Billingham, County Durham, UK-based pub chain, has received a £10m growth investment. Backers include existing investor NVM Private Equity, which will invest a further £2m in the business, and Business Growth Fund (BGF), which ... |
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FAQ about Wear Inns
How much funding has Wear Inns raised?
Wear Inns has raised $16.16M in total across 1 funding round.
What has the press written about Wear Inns?
Parsers VC has collected 2 articles mentioning Wear Inns, among them “Wear Inns Receives £10M Growth Investment” (May 8, 2012).
Is Wear Inns still active?
Wear Inns is probably closed: its latest activity on Parsers VC dates from Aug 3, 2020.