BCLP advises Stonebridge Companies in investment transaction with TowerBrook
A cross-practice BCLP team advised Stonebridge Companies on multiple aspects of an investment into Stonebridge by TowerBrook. The deal included a significant minority investment from Related Fund Management (RFM) and a substantial roll-over investment from Navin Dimond, founder and CEO of Stonebridge.
Stonebridge Companies, a privately owned Colorado-based hotel management company founded by Mr. Dimond in 1991, is comprised of over 65 hotels across the United States. The group holds franchise licenses with Hilton Worldwide, Marriott International, Hyatt and InterContinental Hotel Group.
In conjunction with the investment, TowerBrook, RFM and Mr. Dimond also committed significant capital to establish a real estate investment platform to fund new hotel acquisitions. Read the full press release here.
The multidisciplinary BCLP team was led by Partner Terry Childers (Corporate) and Counsel Lindsay Cross (Corporate), with Olivia Hunter (Corporate), Andrea Legette-Toovey (Corporate), Micah Arbisser (JV, Real Estate), Natalie Prager (Hospitality, Commercial Real Estate), Frank Crisafi (Tax), Cass Hollis (Tax), Mary Beth Dolan (Tax), Chris Galanek (Business & Commercial Disputes), Anthony George (Labor & Employment), Sara O’Keefe (Labor & Employment), Ken Achenbach (Finance Transaction) Aaron Lapniewski (Finance Transactions), James Emanuel (Class Actions & Mass Torts), Tony Marks (Technology, Commercial and Government Affairs), Becky Nelson (White Collar, Antitrust, and International Trade).
This document provides a general summary and is for information/educational purposes only. It is not intended to be comprehensive, nor does it constitute legal advice. Specific legal advice should always be sought before taking or refraining from taking any action.