Raag Hotels Deal
Daniel Walker | 19/04/22
Voisin Law has advised Raag Hotels Limited, which owns the Point A Hotel business comprising of 10 properties in London, Glasgow, Edinburgh and Dublin on the Jersey law aspects of the sale of its shareholding to Tristan Capital Partners in a £420,000,000 transaction, with Queensway (as the hotel operator, asset manager and development partner), amongst others, remaining as minority partners.
The Voisin Law corporate team was led by partner Daniel Walker with partners Kate Anderson and Chris Le Quesne leading on the financing elements of the transaction.
Speaking on the transaction Voisin Law Partner, Daniel Walker commented: “We have worked closely with Raag Hotels since 2013 and have seen the business grow from strength to strength. We were very pleased to support them in relation to this sale and I know Queensway are looking forward to their new partnership with Tristan Capital Partners who have ambitions to materially grow the business in the coming years.”