Leadon Investment Inc. Acquires SilverBirch Hotels & Resorts for $1.1 Billion
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Goodmans represented Leadon Investment Inc., a subsidiary of an international private equity firm, in its acquisition of SilverBirch Hotels & Resorts, a portfolio of 25 upscale hotel properties across Canada, from a Canadian pension fund manager in a $1.1 billion all-cash transaction.
SilverBirch Hotels & Resorts is an award winning Canadian hotel operating platform. The 25-asset SilverBirch portfolio comprises 6,757 rooms across Canada’s 20 largest cities. The company manages hotels operating under major franchise brands, including Marriott, Hilton and Radisson, among others. The hotels also included Delta hotels in Toronto, Calgary, Victoria and Halifax.