The central part of the Dean Hotel Group was a healthy business creaking under the weight of its debt, shows new company information covering the year before Press Up founders Paddy McKillen Jr and Matt Ryan sold a majority stake in the group. Accounts for Willow Impact Ltd have just been filed for 2023, the year prior to the completion of its majority acquisition in March 2024 by new 80 per cent owners, investment firms Elliott Management in the US and Lifestyle Hospitality Capital in the UK. McKillen Jr’s holding company retains a 20 per cent shareholding in the business.…
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