Global law firm White & Case LLP has advised LFPI, one of the premier independent multi-strategy alternative asset managers in Europe, on its acquisition of Alliance Hotel Group from Lone Star.
The Alliance Hotel Group comprises 12 hotels, positioned as three and four star offerings, located in the Paris area and key regional French cities. The group operates under several brands including Mercure, Crowne Plaza and Best Western. In acquiring hotels with more than 1,900 rooms, LFPI will grow its hotel investment portfolio.
The White & Case team in Paris which advised on the transaction was led by partners Guillaume Vallat and Franck Peter with support from associate Jean Paszkudzki. Counsel Julien Chameyrat, with support from associate Céline Oréal, advised on financing aspects. Partner Alexandre Ippolito, with support from associate Marcus Schmidbauer, advised on tax aspects. Counsel Orion Berg advised on competition aspects.
For more information please speak to your local media contact.