Bates Wells advises Brighton Pier Group on acquisition of Lethington Leisure

Bates Wells has acted for The Brighton Pier Group plc (“BPG”) on its acquisition of Lethington Leisure Ltd trading which owns and operates Paradise Island Adventure Golf, the operator of six indoor mini golf sites for a consideration of £10.5million.

Services
Corporate

Bates Wells also acted on the associated £3million fundraising by way of a placing on AIM, and the restatement and amendment of BPG’s £14.85million term facility and £2.5million revolving credit facility with Barclays Bank plc.

The Bates Wells team was led by Murdoch Currie (Corporate & Commercial) and Patrick Keown (Banking).