London—Dentons has advised Metro Bank on providing funding to real estate investment company Aprirose to facilitate the acquisition of Wear Inns Limited, a pub group specialising in the acquisition and management of pub premises in Yorkshire and the North East of England.

The deal follows on from Aprirose's acquisition of a portfolio of 73 pubs from Mitchells & Butlers in summer 2017. Dentons also advised Metro Bank on providing funding for that purchase.

Dentons Real Estate partner Simon Masri, who specialises in hospitality and leisure, led on the deal and said, "Aprirose is continuing its significant investment into the pub sector and we are pleased to have once again worked with Metro Bank on the acquisition financing for this further investment."

Dentons Banking and Finance partner Lee Federman, said, "It has been a pleasure advising on this further financing by Metro Bank to Aprirose. This deal plays to our strengths in acquisition finance, our strong track record in the hospitality and leisure sector, and our experience of advising lenders who are providing this kind of finance for growing businesses."

Simon Masri and Lee Federman were assisted on the deal by Real Estate associates Chris Carlisle, Rachel Dunn and Henna Jooma and trainee Victoria Goodsell.

About Dentons

Redefining possibilities. Together, everywhere. For more information visit dentons.com