Savills Acquires Majority Stake in Hotelivate: Antares Legal Leads the Transaction
Global real estate advisory firm Savills has made a significant move in the hospitality sector by acquiring a majority stake in Hotelivate Private Limited, the leading hospitality advisory firm in South Asia. This strategic acquisition will enhance Savills' capabilities in the region and solidify its position in the global real estate market.
Antares Legal played a crucial role in this transaction, advising Hotelivate and its shareholders. The transaction team, led by Siddharth Bhavnani (Partner) and Surbhi Kothiala (Partner), along with Yashraj Chauhan (Associate), ensured a smooth and successful deal.
Operating under a unified brand, Hotelivate-Savills will combine Hotelivate's deep sector-specialist hospitality expertise with Savills’ comprehensive real estate platform. This platform includes services in capital markets, valuations, transactions, project management, and cross-border advisory in over 70 countries.
The acquisition is expected to drive significant growth and innovation in the hospitality sector. Hotelivate's extensive experience and market insights will complement Savills' global network, creating a powerful synergy that benefits clients across South Asia and beyond.
Siddharth Bhavnani, Partner at Antares Legal, commented on the transaction, emphasizing the strategic importance of the deal for both parties. He highlighted the team's commitment to delivering high-quality legal advice and ensuring a seamless process for all stakeholders.
Surbhi Kothiala, another Partner at Antares Legal, added that the transaction represents a significant milestone in the firm's history. She noted the team's dedication to providing comprehensive legal support and the positive impact this deal will have on the hospitality and real estate sectors.
Yashraj Chauhan, Associate at Antares Legal, also contributed to the success of the transaction. His expertise in corporate law and transactional matters was instrumental in navigating the complexities of the deal.
The integration of Hotelivate's specialized hospitality services with Savills' broad real estate offerings is expected to open new opportunities for clients. The combined entity will offer a more robust and diverse range of services, positioning it as a leader in the industry.
In the coming months, both companies will work closely to ensure a smooth transition and to maximize the benefits of the merger. The unified brand, Hotelivate-Savills, is poised to set new standards in the hospitality and real estate sectors, driving innovation and excellence.
For more information on the transaction and its implications, stakeholders can reach out to Antares Legal or Savills directly. The deal underscores the importance of strategic partnerships and the role of legal advisors in facilitating such significant transactions.
