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 Lars Jessen and included partner Heiko Penndorf, counsel Felix Krüger, associates Conor Hegedus, Markus Hiebel and Christina Stella Papadimitriou and trainee Carolin Keferstein.