LIVERPOOL hotel group EPIC has secured a multi-million refinance package structured by Allied Irish Bank (GB) to assist its continued growth across Liverpool and support the company’s future expansion strategy.
Established in 2012 by Simon and Fiona Beer, EPIC is Liverpool’s fastest-growing independent hotel group with a portfolio of properties includinig apartments, aparthotels and its most recent offering the 128-bed Seel Street Hotel by EPIC. This high-end hotel experience is located in the transformed Wolstenholme Square and opened in December 2018 in partnership with the Elliot Group.
The refinance deal provided by the bank will support EPIC’s future growth strategy, giving the company a solid platform to confidently develop new sites and consider new opportunities to take the business to the next level with potential expansion into other UK cities.
Jonny Beckwith, Area Director at Allied Irish Bank (GB) leads the bank’s Liverpool team who have a strong track record of success supporting the hotel and leisure sector. Jonny used his industry expertise and knowledge and worked closely with Simon and Fiona Beer to understand their aspirations and structure the appropriate funding package.
Simon Beer, Managing Director of EPIC Group, said: “This deal has come at an important stage of growth for EPIC and we are extremely pleased with the outcome. The refinance package will allow us to press forward with our next development in Liverpool – 151 Duke Street – and will also facilitate our plans to take the EPIC experience to other cities in the UK. We’re grateful for the support from Jonny and his team – the level of professionalism and genuine enthusiasm delivered by Allied Irish Bank (GB) was second to none and we look forward to continuing the relationship.”
Jonny Beckwith, Area Director at Allied Irish Bank (GB), said: “EPIC is a young and dynamic business that has won many awards and built up a reputation for offering quality accommodation that appeals to a wide market. We are delighted to be working with them to help them with their next phase of growth. Simon and Fiona are working on some very exciting new projects in the heart of Liverpool as highlighted with the recent launch of the Seel Street Hotel by EPIC and also have ambitious plans to expand their brand across the UK.”