Seattle Hospitality Group Makes Significant Investment in Kenmore Air

Project:

CH& advised Seattle Hospitality Group, LLC (“SHG”) in its purchase of a significant equity stake in Kenmore Air Harbor, LLC (“Kenmore Air”).  The transaction closed on December 7, 2018.

How CH& Helped:

The CH& team served as counsel to SHG on this transaction from beginning to end, taking it from the Letter of Intent stage, through the due diligence process and concluding with the successful negotiation of the purchase documents to get to closing.  CH& advised SHG on various complex legal and business issues throughout the deal, including real estate, intellectual property, and tax-related matters.  Our team’s integrated service-delivery model provided SHG with streamlined, cost-effective services, delivered with a practical, business-minded approach.  SHG and Kenmore Air look forward to working together to continue to provide a safe and reliable world-class flight experience to Kenmore Air’s passengers.

About the Companies:

CH& has represented SHG for over two decades, and has advised SHG on various matters, including M&A, throughout the years.  SHG is a private company which owns or holds interests in companies in the hospitality, transportation and tourism industry, including MTRWestern, the premier provider of charter motor coaches and corporate transportation.  These companies operate throughout Washington, Oregon, California and Hawaii, and SHG oversees 400 employees with revenues in excess of $100 million.

Kenmore Air was founded in 1946 and flies more than 90,000 passengers each year to over 45 destinations throughout the Pacific Northwest and Canada.

SHG’s strategic investment in Kenmore Air will allow the two companies to work together to take advantage of key synergies within the travel and tourism sector.