Travers Smith LLP has advised American investment firm Adventurous Journeys Capital Partners (AJ Capital Partners) on its acquisition of the historic Slieve Donard Hotel Resort & Spa, which adjoins the world famous Royal County Down Golf Club.
AJ Capital Partners will operate the Slieve Donard Hotel under its Marine & Lawn Hotels & Resorts brand, which includes properties overlooking leading golf courses in St Andrews, North Berwick and Troon.
AJ Capital Partners CEO and Founder Ben Weprin said: “I’m honoured to welcome the hotel to the collection. We plan to carry and uphold the tradition and spirit of this iconic property and connect it with our existing assets to create a collection unparalleled in the golf world.”
Partner William Howard commented "Having advised AJ Capital Partners on numerous acquisitions over the past two years, we were delighted to have the opportunity to work with the team again on this exciting new investment. AJ Capital Partners' creative approach to development and proven experience of realising the full potential of hotel assets means that the Slieve Donard Resort & Spa will continue to thrive under their stewardship and as part of the Marine & Lawn Hotels & Resorts brand."
The Travers Smith team was led by Corporate Partner William Howard and also included Finance Partner Danny Peel, Finance Associate Alastair Lowson, Tax Senior Counsel Jonathan Woodall, Tax Associate Rob Smith, Real Estate Senior Associate Gareth Wynne, Commercial Partner Ben Chivers, Commercial Senior Associate Michael Ross, Risk and Operational Regulatory Group Associate Harrie Narain and Pensions Senior Associate Tom Green.
Arthur Cox LLP (Lynsey Mallon) advised Hastings Hotels and A&L Goodbody (Peter Stafford) provided Northern Irish advice to AJ Capital Partners.