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BCLP advises Stonebridge Companies in investment transaction with TowerBrook

BCLP advises Stonebridge Companies in investment transaction with TowerBrook

Mar 21, 2022
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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).

Related Practice Areas

  • M&A & Corporate Finance

  • Hotels and Hospitality

  • Real Estate Sector

  • Corporate

This material is not comprehensive, is for informational purposes only, and is not legal advice. Your use or receipt of this material does not create an attorney-client relationship between us. If you require legal advice, you should consult an attorney regarding your particular circumstances. The choice of a lawyer is an important decision and should not be based solely upon advertisements. This material may be “Attorney Advertising” under the ethics and professional rules of certain jurisdictions. For advertising purposes, St. Louis, Missouri, is designated BCLP’s principal office and Kathrine Dixon (kathrine.dixon@bclplaw.com) as the responsible attorney.