IFLR1000

Highgate Hotels/Goldman Sachs acquisition of K&K Hotels portfolio

4/12/2015
Private acquisition
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Completed

4/12/2015

Overview:

  • A consortium led by Goldman Sachs and Highgate Hotels acquired K+K Hotel Group for an undisclosed fee.
  • The deal sees the acquirers take 10 hotels across Austria, Czech republic, France, Germany, Hungary, Romania, Spain and the UK.
  • Royal Bank of Canada provided a multi-jurisdictional secured facility to finance the deal.

Sam Duke - Editor

Jurisdictions:

Austria
Czech Republic
Hungary
Romania

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Real estate
Tourism

Firms:
Jones Day

Party: Goldman Sachs (Acquirer)

Party: Highgate Hotels (Acquirer)

Lawyers: Andrew D Barker, Simon Kiff

Schoenherr

Party: Goldman Sachs (Acquirer)

Party: Highgate Hotels (Acquirer)

Lawyers: Bernd Rajal, Christian Herbst

Taylor Wessing

Party: K+K Hotel Group (Target)

Lawyers: Philip Hoflehner, Raimund Cancola

Wolf Theiss

Party: Goldman Sachs (Acquirer)

Party: Highgate Hotels (Acquirer)

Lawyer: János Tóth

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