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Monday 09 July 2018

Ronan Daly Jermyn advises iNua Hospitality in its €40m fundraising

RDJ advised iNua Hospitality group, owner and asset manager of seven hotels around Ireland, in relation to a €40m equity fundraising, significant debt financing and move to a single hotel group structure.

iNua Hospitality owns and operates seven hotels around Ireland, including the Radisson hotels in Cork, Limerick, Athlone and Sligo, Muckross Park Hotel Killarney, Hibernian Hotel Kilkenny and Hillgrove Hotel Monaghan. The hotel owner's backers include Earlsfort Capital Partners and Blackbee Investments.

The restructuring and fundraising is part of a five-year growth strategy focused on improving performance and revenue, and adding properties.

Ronan Daly Jermyn’s deal team comprised of Cian Fenton (Banking), John Cuddigan and Mark Ludlow (Tax),  Sean O’Reilly and Sinead Corcoran (Corporate), John Dwyer, Martin O’Callaghan, Maria O’Donoghue, Olivia Baldwin, Karina Janeczek and David Rodgers (Property).

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