Temple Bar Advisory aids Upham IPO plans

Corporate and financial PR agency Temple Bar Advisory is working for Upham Group, a pub operator with its own craft brewery, as it plans to raise up to £12m through an AIM listing.

Today Upham announced its intention to float in a bid to raise funds to grow its pub portfolio.

It currently manages a portfolio of 15 high quality pubs, 13 of which it owns, principally in Hampshire, Berkshire and Surrey. It has opened four new pubs in the past 12 months, and the Group aims to double the size of the estate to 30 pubs in the medium term, subject to funding.

Upham Brewery, located in Hampshire, brews three regular ales, Punter, Tipster, and Stakes; nine seasonal ales, and supplies approximately 300 local pubs. It also sells its beer in bottles through Majestic, Co-Op and Tesco.

Temple Bar was appointed in early March following a competitive pitch process. Its team consists of partners Tom Allison and Ed Orlebar, supported by account executive Alycia MacAskill.

Chris Phillips, CEO of Upham, said: “We have ambitious expansion plans, and see a wealth of opportunities around our existing locations, principally in Hampshire, Berkshire, and Surrey.  Upham’s highly skilled and dedicated team provides a fantastic service, and has created a loyal customer base. We are very much looking forward to the exciting next chapter in Upham’s history.”