Buzzacott advises Harland & Poston Group on the acquisition of Formby Hall Golf Club Limited

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Discover how Buzzacott advises Harland & Poston Group on the acquisition of Formby Hall Golf Club Limited … Read more

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Overview of the deal

We are delighted to have provided financial and tax due diligence, transaction advisory and tax structuring services in relation to the acquisition of Formby Hall Golf Club.

The Buzzacott team provided financial and tax due diligence along with transaction advisory and tax structuring services.

The financial due diligence and transaction advisory team was made up of George Thresh, Alex Judd and Victoria Sunley.

The tax due diligence and tax structuring team was made up of Maurice Von Bertele, Kazia Kruszewski, Nicholas Lee and Catriona Soden.

Who are the firms involved?

Located on the Northwest coast of England, Formby Hall is a top golf resort boasting an 18 hole Championship Course, 9-hole Woodhey Dunes Course and PGA Academy. Set in 200 acres of parkland the site also includes a hotel and luxury spa. It was recently ranked 23rd on the Top 100 Golf Courses in England.

The Harland & Poston Group is an international property company headquartered in Lisbon, Portugal and with additional offices in Athens, Manchester and Dubai. The Groups portfolio includes two flagship hotels in the Algarve, residential developments across Lisbon and projects in Glasgow and Paisley.

David Poston (CEO of H&P group) said: “After months of negotiations it is great to finally have Formby Hall as part of our portfolio, expanding into the UK has been a priority for the group during 2024, and to have two fantastic assets already in place gives us a great platform for 2025.”

Gary Harland (co-founder) said: “This acquisition aligns perfectly with our strategy of investing in iconic properties that offer exceptional value and potential. We look forward to introducing enhancements that will make Formby Hall an even more remarkable destination for guests and investors.”

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