ETM Group Expands with Acquisition of Maven Leisure Key Assets
Deal News | May 12, 2025 | Shoosmiths
Shoosmiths, a leading legal firm, successfully advised ETM Group on acquiring key trading assets from Maven Leisure, which includes the high-profile, London-based venues such as the roof-top bar Wagtail, and sports bars Goldwood and Beechwood. This strategic acquisition strengthens ETM Group's position in the competitive London hospitality scene, enhancing its premium bar, restaurant, and pub offerings. The acquisition not only supports ETM Group's growth strategy but also helps preserve 176 jobs in a challenging post-COVID landscape. The deal, led by Shoosmiths partners Jonathan Dunkley and Tom Swain, is noted for adding significant value through their legal expertise, as commended by Ed Martin, Chief Executive of ETM Group.
Sectors
- Hospitality
- Legal Advisory
Geography
- United Kingdom – The acquisition involves London-based assets and affects the UK hospitality sector, making this geography relevant.
Industry
- Hospitality – ETM Group is a leading company in the hospitality industry, known for its premium bars, restaurants, and pubs across London, and the acquisition of key trading assets from Maven Leisure emphasizes this sector.
- Legal Advisory – Shoosmiths provided legal expertise and advice on the acquisition deal, showcasing the role of legal advisory in facilitating M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ETM Group | Target Company | Company | A leading hospitality company known for its portfolio of premium bars, restaurants, and pubs across London. |
| Maven Leisure | Selling Company | Company | A leisure company owning key trading assets including popular bars and restaurants in London. |
| Shoosmiths | Legal Advisor | Company | A legal firm providing cross-departmental deal advisory services to ETM Group for the acquisition of Maven Leisure's assets. |
| Jonathan Dunkley | Partner | Person | Partner at Shoosmiths leading the legal advisory team for the ETM acquisition. |
| Tom Swain | Legal Director | Person | Legal director at Shoosmiths, involved in the advisory team for the ETM acquisition. |
| Ed Martin | Chief Executive | Person | Chief Executive of ETM Group, commenting on the successful acquisition and its implications for the company. |