Member Article

gunnercooke completes on sale of 13 venues for Barworks

This week challenger law firm gunnercooke has completed on its work with client Barworks, on the sale of 13 iconic pubs and bars to Urban.

The transaction includes sites across East and North London including the Exmouth Arms (Exmouth Market), Singer Tavern (Moorgate) and Harrild & Sons (Farringdon).

Barworks is an independent pub, bar and restaurant group based in London and founded in 1998. TLT advised Urban Pubs & Bars.

The deal was led by David Salamons, Corporate and Hospitality Partner at gunnercooke, who has acted for the Barworks group since its inception and works collaboratively with partners across the firm’s broad practice areas. The gunnercooke team included Harriet Collins and Shabab Ahmed on the Corporate side, Catherine Payne and Paul Sprague on Property, Paul Ryman on Employment and Julian Moran on Tax.

David commented: “As we emerge from the pandemic and out of the lockdowns of the past two years, we are seeing a surge in demand as the hospitality industry becomes active again, making up for lost time!

“I have thoroughly enjoyed working with Barworks since the company first formed and look forward to continuing our work together as we move into an exciting era of further acquisitions.”

gunnercooke is a full-service commercial professional services firm, founded to change the way legal services are delivered to clients and how lawyers balance their lives. The firm’s innovative model sees 265 partners with a minimum 10,000 hours practicing experience becoming trusted advisers to their clients, providing certainty of price and delivering the best quality advice. The firm has seven offices across the UK and Germany.

This was posted in Bdaily's Members' News section by Ellen Short .