Saffery provided sell-side financial advice to the vendors of Ufford Park Hotel Golf & Spa in Suffolk on its sale to Lion Quays Resorts.
Ufford Park is set in approximately 120 acres, and had been under the same ownership for over three decades before the sale. The acquisition of the resort for Lion Quays will be an addition to their current luxury property in Shropshire.
Niraj Patel, Head of the Corporate Finance Team at Saffery commented on the deal: “We are delighted to have been able to advise on this transaction and help the vendors to successfully pass on the business to its new owners. This is a great example of a well operated family-owned business which has grown successfully over the years, winning numerous awards along the way. The family have owned and operated the hotel and golf course for over 30 years, over which time it has enjoyed a renowned reputation. The business will be a great addition to Lion Quays’ existing portfolio of resorts.”
Colin Aldous, former owner of Ufford Park commented: “We wish to express our thanks to Niraj at Saffery for supporting our team in expediting a smooth transition of Ufford Park to an experienced new family ownership, whom we believe will continue to develop our legacy in the years ahead.”