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Announced

Completed

Sheen Falls completed the acquisition of Castlemartyr Resort for $23m.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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hotels operating

Completed

Hotels and Motels

Ireland

Majority

Private

Single Bidder

Acquisition

Domestic

Friendly

Real Estate

Synopsis

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Sheen Falls, an owner and operator of a hotel, completed the acquisition of Castlemartyr Resort, a five-star resort, for $23m. The sale includes an 18-hole golf course designed by Ron Kirby. The course includes a modern clubhouse with dressing room facilities, a restaurant and a shop. Also included in the deal are 38 self-catering cottages and lodges, a mix of two- and three-bedroom properties, which are targeted towards families and golfers.

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