The personal fairness agency based by Man Arms, the veteran financier, is exploring a proposal to purchase Resort du Vin and Malmaison, two of Britain’s best-known lodge chains.
The prospects of a agency deal materialising have been unclear on Thursday.
If a transaction did happen, it will be the most recent in a string of outstanding UK property to have been owned by Terra Firma.
Amongst its investments – a few of which turned out to be financially and reputationally infamous – have been the music firm EMI, the care properties operator 4 Seasons Well being Care and Annington Houses, the previous proprietor of hundreds of Ministry of Defence properties.
Extra just lately, it has centered on managing Mr Arms’ household’s cash, though it does nonetheless have some exterior traders.
The elder Mr Arms retired from his full-time roles at Terra Firma two years in the past, having constructed it over a number of many years.
His spouse, Julia, is chair of Hand Picked Motels, a set of former stately properties which trades throughout the UK.
Its websites have been acquired from Sir Richard Branson’s Virgin Group in 2001.
Malmaison and Resort du Vin sit beneath the identical possession construction, and trades from 37 resorts in 27 UK cities, with the portfolio break up virtually equally between the 2 manufacturers.
The chains have been via a succession of homeowners during the last 20 years, together with the personal fairness agency KSL Capital Companions.
They’re now owned by Singapore-based Frasers Hospitality Group, which reportedly paid greater than £360m to amass the group in 2015.
Cushman & Wakefield (C&W), the business property agent, is dealing with the public sale.
A Terra Firma spokesperson declined to remark.
