WTS, one of the leading service providers for tax, and financial & deal advisory, has advised alternative lodging specialist Bob W. on tax and financial matters related to its acquisition of Charly Hospitality.
Bob W. entered the hotel and hospitality industry in 2018 and has since become a specialist in alternative accommodation and five-star non-contact service in locally designed apartments and residences in Europe. As part of the acquisition of Charly Hospitality, Bob W. primarily succeeds in entering the German market and also pays towards its targeted growth goals. The acquired seven properties in Bonn, Munich, Berlin, Lübeck and Cologne as well as in Amsterdam in the Netherlands are to be converted to the Bob W. brand by the end of 2023 and brought up to a uniform technology and brand standard.
The WTS team around Axel Wagner (Project Lead), Daniel Blöchle and Johannes Maximilian Hirt supported the transaction and were responsible for Tax SPA-Advice as well as structuring advisory services.
Dirk Spalthoff, Justus Quack and Nils Sattler of WTS Advisory provided financial due diligence advisory services.
Tax SPA Advice & Tax Structuring WTS:
Johannes Maximilian Hirt
Financial Due Diligence WTS Advisory:
Other advisors involved:
Eversheds Sutherland: Christophe Samson, David Solberg
Lupp + Partner: Sebastian Kost, Raffaella Samantha Rusin, Milad Ghafarian
About Bob W.
Bob’s exceptionally cool accommodation caters to the 21st-century traveller who wants it all: the consistent quality of a hotel and the utility and authentic flair of a short-stay rental. We combine the best of both worlds in our sustainably operated properties in Europe’s most interesting neighbourhoods. Today, we are Europe’s fastest growing hospitality operator in Europe, managing properties in the UK, Spain, Italy, Estonia, Finland, Norway, Greece and Germany, primarily under the Bob W. brand.
Bob W. is backed by Europe’s top real estate investors and venture capitalists including NREP, Elevator Ventures, Verve Ventures, IDC Ventures, Flashpoint, Tesi, and byFounders with over 31 million euros in announced funding. They are building the technology to give every guest a local, contactless five-star experience at scale.
More information: bobw.co
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