£38m acquisition for Halcyon Hotels

Transaction Announcement – 15th December 2011

Marechale Capital advises and secures funding for the Halcyon Hotels management team from a pan-European private equity investor on their £38m acquisition and investment in 7 hotels from Von Essen.

Marechale Capital plc has acted as adviser and secured funding for Nigel Chapman and the Halcyon Hotels and Resorts team (“Halcyon”) on the £38m buy back and investment in the 5 Luxury Family Hotels and an additional 2 freehold country resort hotels.

Four of the hotels were owned until 2005 by Nigel Chapman, Halcyon’s Chief Executive, is committed to returning them to their former glory and creating a new generation of the Luxury Family Hotels.

When the Von Essen assets went into administration, Marechale exclusively helped the management team find the right equity partner. Marechale also helped Halcyon Hotels and Resorts plc raise additional equity from its private investor and family fund relationships.

Marechale Capital is the leading leisure focused corporate finance house. The completion of the Halcyon transaction follows on from successfully refinancing and raising growth capital rounds for the entrepreneurial management teams of other leading premium pub, hotel and restaurant companies.

For more details please contact Patrick Booth-Clibborn on patrick@marechalecapital.com or the Marechale team on 020 7628 5582.