The Private Equity team advised ALHI Holdings LLC, a portfolio company of private equity investor Boathouse Capital, on the sale of WorldHotels AG to Best Western® Hotels & Resorts. Financial terms were not disclosed.
Associated Luxury Hotels International (ALHI) is a global sales organization with a focus on the Meeting and Incentive (M&I) marketplace. ALHI offers the largest portfolio of 4- and 5-star meeting and incentive resorts in premium locations worldwide.
Boathouse Capital is a Philadelphia-based private equity firm that manages approximately $350 million in assets across two funds. The company invests particularly in established businesses in the lower mid-market segment in the USA.
The Goodwin team was led by partners David Powers and included partner Heiko Penndorf, counsel Felix Krüger, and trainee Carolin Keferstein.