Henley-on-Thames: HMT advises Whittlebury Park on acquisition of Whittlebury Hall & Spa

HMT LLP, led by partner Chris Gow and senior manager Adrian Howells, has advised family-owned, golf-resort operator Whittlebury Park on its acquisition of Whittlebury Hall & Spa for an undisclosed sum.

Located in the countryside adjacent to Silverstone racing circuit, Whittlebury Park is a prestigious resort comprising two 18-hole golf courses, venues for weddings and corporate events, outdoor and indoor activities, campsite and accommodation.

Whittlebury Hall & Spa is a 254 room, 4-star hotel with three restaurants, extensive conference facilities and a 23-treatment-room spa located next to Whittlebury Park.

HMT arranged a bespoke debt package to support the acquisition with new funding provided by OakNorth Bank.

Jeff Sergeant, executive chairman of Whittlebury Park, commented: “It has taken over three decades to develop Whittlebury Park into the estate it is today. Uniting Whittlebury Hall with Whittlebury Park will bring the entire estate into family control, and provide us with the opportunity to increase our corporate proposition and host more guests during peak times such as the Grand Prix.”

Gow commented: “Commercially, the acquisition makes perfect sense and the combination of two closely-located businesses that are individually operating well should enable the enlarged Whittlebury estate to go from strength to strength.”