Home' Australian Hotelier : AH DECEMBER 2015 Contents AUSTRALIAN HOTELIER DECEMBER 2015 | 5
MORE SPEAKERS ADDED TO PUB LEADERS SUMMIT
With an already impressive line-up of speakers slated for the inaugural
Pub Leaders Summit on 21 March, new names have been added to the
list. Guy Greenstone and Steve Jeffares of The Local Taphouse will be
taking part in the Premium Beverage Opportunities session – having set
the benchmark for beer offerings in pubs, many operators and publicans
will be interested to hear what they have to say on the subject.
“The summit is a great opportunity to be in a room with so many of
the industry’s leaders. We’re looking forward to picking the brains and
learning from some of the best and most experienced people out there,”
“And as massive craft beer enthusiasts, it’s also a great opportunity for
us to share our experience and spread the word of better beer!”
Also taking part in various sessions throughout the day is Steve Howarth,
National Operations Manager of the ALH Group; Steve McDermott of
Statler & Waldorf – tied winner of Hotel of the Year at ALIA 2015; and
Stephen Hunt of Hunt Hospitality.
“With so many
respected names in the
industry participating in
the Pub Leaders Summit
and imparting their
knowledge, the day is
going to be beneficial to
all publicans, operators
and hotel managers
who attend,” said
Australian Hotelier editor, Vanessa Cavasinni.
“What’s particularly exciting is that we have a great mix of larger
operators, and publicans who run one or two venues, so that there is a
great mix of experiences to learn from.”
Tickets to the Pub Leaders Summit are now available from
EQUITY FIRM BUYS URBAN
Quadrant Private Equity has purchased the Urban Purveyor Group from John Szangolies for close to $200 million. The
hospitality group has a number of venues in its portfolio, including 10 Bavarian Bier Cafés in Sydney, Brisbane and on
the Gold Coast. Also under the group’s umbrella are the famed Löwenbräu Keller, The Argyle, and Ananas Brasserie
in Sydney; along with four Saké Restaurant & Bars in Sydney, Melbourne and Brisbane.
John Szangolies started the company in the 1970s with the Löwenbräu Keller, styled on traditional German beer
halls. The sale of the company was facilitated by KPMG Corporate Finance, who contacted several equity firms and
trade buyers confidentially.
Urban Purveyor Group Chief Executive Officer Thomas Pash said it is an extremely exciting time for the business,
which is in rapid expansion mode.
“The Quadrant team has been very impressive from the first meeting throughout the entire process. Not to mention,
they really understand and love our business, which is a huge asset,” Pash said.
“I am extremely bullish on what we can do to accelerate business growth over the next five years with Quadrant’s
proven track record and team behind us.”
Mr Pash said Urban Purveyor Group will continue to operate under its current, strong and very experienced,
management team. It is business as usual for over 1400 employees, he added.
“It’s full steam ahead for everyone,” Pash said. “This opens up a lot of exciting opportunities within the business for
current and future employees.”
News of the sale comes hot off the heels of the announcement that Urban Purveyor Group plans to expand the
Saké franchise, with another restaurant set to open in Melbourne, and two more casual offerings – Saké Jr. and Saké
Live – to open in Sydney in mid-2016.
Steve Jeffares and
Guy Greenstone of
The Local Taphouse
Phil Reddy, noted South Australian
publican who has overseen the
Overland Corner Hotel in the state’s
Riverland region for the past three
years, has suggested that the
National Trust, who owns the pub,
should consider selling it.
Reddy, who leased the pub, is
moving on to pursue investment
in motel complexes. The National
Trust is in negotiations with another
operator, however Reddy suggests
that the National Trust should also
consider offers from developers to
purchase the venue.
“[The] National Trust or other
groups should look at the option to
sell off buildings [to] other people
with passion to develop them better.
I feel in South Australia there are
lots of hotels that have not been
maintained or upgraded to preserve
the heritage of our country.”
The Overland Corner Hotel, built
in 1859, was the first property
purchased by South Australia’s
Photo by Paul MacMillan
Links Archive AH NOVEMBER 2015 AH FEBRUARY 2016 Navigation Previous Page Next Page