Wolf Theiss

WOLF THEISS HAS ADVISED HIGHGATE HOTELS LP AND GOLDMAN SACHS ON THEIR ACQUISITION OF HOTEL PORTFOLIO BELONGING TO THE AUSTRIAN K&K HOTEL GROUP

Vienna, 9 December 2015 – Wolf Theiss has advised the US-based hotel management company Highgate Hotels LP and Goldman Sachs on the acquisition of a hotel portfolio from the Austrian K&K Hotel Group. Closing took place on 1 December 2015.

By way of this transaction, Highgate Hotels LP along with Goldman Sachs has also acquired 4 hotels in the Czech Republic, Hungary and Romania, which belong to the Austrian K&K Hotel Group.

The Wolf Theiss team advising Highgate Hotels and Goldman Sachs on all legal aspects of this transaction includes Ciprian Glodeanu, partner, Real Estate (Bucharest), Janos Toth, partner, Corporate and M&A (Budapest), and Libor Prokes, counsel, Real Estate, (Prague), as well as Jiayan Zhu, associate, Corporate and M&A (Vienna). Janos Toth, Wolf Theiss partner sums up the transaction: "We are glad to have had the opportunity to assist Highgate Hotels and Goldman Sachs with this major investment in the hotel sector in CEE/SEE. We advised our clients on all Czech, Hungarian and Romanian legal matters as well as on the acquisition financing."

Other Wolf Theiss lawyers involved were Pavel Srb, Anna Diblikova, David Simek, Katerina Kulhankova (Wolf Theiss Prague), Melinda Pelikan, Zoltan Bodog, Zsofia Polyak, Lukacs Eniko (Wolf Theiss Budapest) and Ileana Glodeanu, Claudia Chiper, Iulia Simion, Radu Simion, Monica Tinteanu, Mircea Ciocirlea and Tudor Botea (Wolf Theiss Bucharest).

Highgate Hotels is a privately-held Hotel Management Company. Founded in 1988, Highgate Hotels, L.P. is headquartered in Dallas, Texas. The company is an industry leader in the management and marketing of hotels.

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base.

For further information please contact

Barbara Fürchtegott
Barbara
Fürchtegott
Public Relations & Communications Manager
T. +43 1 51510 3808
Schubertring 6
1010 Vienna
Austria

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