© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Travers Smith Advises Brookfield’s Acquisition of Center Parcs UK
Posted 6th August 2015

Travers Smith Advises Brookfield’s Acquisition of Center Parcs UK

Travers Smith Advises Brookfield's Acquisition of Center Parcs UK

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Travers Smith Advises Brookfield’s Acquisition of Center Parcs UK

Travers Smith Advises Brookfield’s Acquisition of Center Parcs UK

View Biography
Image

A Travers Smith team led by senior partner Chris Hale has advised management on the acquisition by funds managed by Brookfield Property Partners of Center Parcs UK from private equity and real estate funds managed by Blackstone.

The transaction sees Brookfield agree to acquire a majority stake in the business with the remaining stake held by management. The transaction is due to complete by the end of July.
The Travers Smith team also included corporate associates Adam Orr, Matthew Kichenside, Victoria Bramall and Adam Martin. Tax advice was provided by head of tax Kathleen Russ and tax associate Andrew Callaghan. Advice was provided to management in respect of the aborted IPO process by corporate finance partner Adrian West and associate Ben Hanglin.

Center Parcs UK operates five short break destinations across the UK: Sherwood Forest, Nottinghamshire; Elveden Forest, Suffolk; Longleat Forest, Wiltshire; Whinfell Forest, Cumbria and Woburn Forest, Bedfordshire. In 2015, Center Parcs expects to welcome more than two million guests. The Center Parcs concept originated in Holland in 1967, with Sherwood Forest opening in the UK in 1987. Each Center Parcs is nestled within around 400 acres of protected and enhanced woodland, with the holiday village designed to complement and work with the forest environment. Center Parcs UK is a separate entity to Center Parcs Europe. Center Parcs UK’s occupancy levels have averaged 97% over the last five years.

Blackstone was represented by Freshfields Bruckhaus Deringer LLP. Mayer Brown LLP acted for Brookfield. Management were also provided with corporate finance advice by PricewaterhouseCoopers.

Categories: Legal, M&A


You Might Also Like
Read Full PostRead - Eye Icon
Leading Insolvency and Asset Recovery Expert
Leadership
11/06/2019Leading Insolvency and Asset Recovery Expert

Grant Thornton BVI Ltd specialises in providing recovery and restructuring services for or to companies registered in the BVI and the Eastern Caribbean. Following their success in Acquisition Intl.’s Leading Advisor 2018 where they were awarded the accolade

Read Full PostRead - Eye Icon
Competition & Antitrust Law: Ensuring Compliance & Avoiding Disputes
Leadership
05/10/2015Competition & Antitrust Law: Ensuring Compliance & Avoiding Disputes

We spoke to Alan H Silberman, Chair-Emeritus of DENTONS antitrust/competition, who lent us his insight and experience as we sought to better understand the ever-evolving landscape of competition law.

Read Full PostRead - Eye Icon
Large Sum Buys and Payments Abroad: How to Reduce Associated Fees
Finance
25/04/2022Large Sum Buys and Payments Abroad: How to Reduce Associated Fees

Buying an expensive item abroad may not sound like a logical go-to in the wake – or the midst, depending on your position – of a global pandemic. Supply chains have been chewed up, with worker and truck driver shortages, along with a microprocessor

Read Full PostRead - Eye Icon
Healthcare Heroes
Innovation
04/01/2021Healthcare Heroes

Did you know that every three minutes, a traveller needs emergency medical treatment abroad? For those people in need of urgent assistance, the team at Angels of Flight Canada Inc. are a godsend, providing expert medical advice in a challenging situation. Earn

Read Full PostRead - Eye Icon
What Is GDPR And 5 Regulation Trends That We Can Expect In The Following Years
News
07/10/2020What Is GDPR And 5 Regulation Trends That We Can Expect In The Following Years

The General Data Protection Regulation (GDPR) is recognized as the world’s most robust set of data protection rules that strengthen how people can access personal information about them and limit what businesses and other organizations can do with people’s

Read Full PostRead - Eye Icon
European Real Estate: Interest in Secondary Assets and Recovering Markets Still Rising
Finance
19/01/2015European Real Estate: Interest in Secondary Assets and Recovering Markets Still Rising

New report finds that, in spite of economic uncertainties in Europe, property remains fertile ground for investors

Read Full PostRead - Eye Icon
Enhancing Legal Compliance: The Role of YouTube Converters in Content Regulation
News
01/07/2024Enhancing Legal Compliance: The Role of YouTube Converters in Content Regulation

The rapid growth of online media and content-sharing platforms like YouTube has revolutionized how content is created, distributed, and consumed. Alongside these advancements, YouTube converters allow users to download and convert videos into different formats

Read Full PostRead - Eye Icon
A Brazilian Influence
Leadership
07/07/2022A Brazilian Influence

Fernanda Marques, Director of Fernanda Marques Arquitetos Associados, is a graduate of the Faculty of Architecture and Urbanism of São Paulo, FAU USP. Her work follows the same conceptual line that characterised her years of training - the integrated exercise

Read Full PostRead - Eye Icon
How to Ensure a Successful Transition from E- commerce to Brick-and-Mortar Sales
News
29/04/2024How to Ensure a Successful Transition from E- commerce to Brick-and-Mortar Sales

Meta Description: Explore how you can successfully move from online selling to physical stores and take advantage of the best of both worlds with our expert tips and strategies. As entrepreneurs in the digital age, we have seen tremendous growth and success th



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow