We are delighted to have advised The Capital Group on their sale to The Levin Hotel to Warwick Hotels and Resorts.
Managed for more than 50 years by its founder and Chairman Professor David Levin MBE, The Capital Hotel and Apartments and The Levin Hotel are well-recognised in the London hotel market. The award-winning luxury boutique hotels are located just a few steps from the world-famous Harrods department store and right in the middle of London's most elegant neighbourhood.
Having developed a long-established relationship with Professor David Levin through the provision of audit and tax services, we were appointed by the shareholders to find a suitable buyer for the business.
Our corporate finance advisory team ran a streamlined process to identify new owners for The Capital's landmark assets, ultimately finding a natural alignment with Warwick Hotels and Resorts' (Warwick) future interests and ambitions.
Warwick, also a family business was selected as the preferred buyer for the business, achieving an outstanding result for the shareholders and also maintaining the family spirit which characterises this long-established business.
Warwick, founded in 1980, comprises 55 distinguished hotels and resorts in gateway cities such as Paris, New York, San Francisco, Geneva and Barcelona. The acquisition marks their entrance into the London hotel market.
Professor David Levin will become an advisor to Warwick advising on their global hotel portfolio and Ms Kate Levin, daughter of Professor David Levin, will remain as General Manager of the hotels.
