Duff and Phelps Sells The Wild Pheasant Hotel

MANCHESTER - Duff & Phelps, the premier global valuation and corporate finance advisor, today announced the successful sale of The Wild Pheasant Hotel in Llangollen, North Wales to Everbright Lodge Ltd. Steve Muncaster and Sarah Bell, Managing Directors of Duff & Phelps, had been appointed Joint Administrators of O&S Hotels Ltd, which traded as The Wild Pheasant Hotel on August 3 2016.

The new owners, Everbright Lodge Ltd, a rapidly expanding chain which already own Rossett Hall Hotel in Wrexham, is planning a major refurbishment programme for the property. Everbright Lodge Ltd were advised on the acquisition by hotel turnaround and management specialists Onecall Hospitality Ltd, which will operate it on their behalf.

Steve Muncaster, Managing Director of Duff & Phelps and Joint Administrator, said, “We acted quickly in order to stabilise the situation at The Wild Pheasant Hotel and we’re pleased that we were able to successfully and quickly complete a sale of the assets. Under the new ownership of Everbright Lodge Ltd and their investment plans, we’re sure that this popular hotel is well positioned to re-open and resume trading.”

About Duff & Phelps

Duff & Phelps is the premier global valuation and corporate finance advisor with expertise in complex valuation, disputes and investigations, M&A, real estate, restructuring, and compliance and regulatory consulting. The firm’s more than 2,000 employees serve a diverse range of clients from offices around the world.

M&A advisory, capital raising and secondary market advisory services in the United States are provided by Duff & Phelps Securities, LLC. Member FINRA/SIPC. Pagemill Partners is a Division of Duff & Phelps Securities, LLC. M&A advisory and capital raising advisory services are provided in a number of European countries through Duff & Phelps Securities Ltd, UK, which includes branches in Ireland and Germany. Duff & Phelps Securities Ltd, UK, is regulated by the Financial Conduct Authority.

Media Relations

Vikki Kosmalska

Smithfield Consultants

020 7903 0679

vkosmalska@smithfieldgroup.com

 
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