Gray Plant Mooty Represents Northcott Hospitality in Sale of AmericInn for More Than $170 Million
MINNEAPOLIS, Minn. (Oct. 12, 2017) — Gray Plant Mooty recently advised Northcott Hospitality, the privately held parent company of AmericInn International, LLC, in the sale of its well-known Midwestern hotel franchise to Wyndham Hotel Group for more than $170 million.
The Chanhassen, Minnesota-based AmericInn franchise system is comprised of approximately 200 hotels representing nearly 12,000 rooms in 21 states, including Minnesota, Wisconsin, Iowa, Michigan, and North Dakota. Wyndham acquired AmericInn along with its affiliated hotel management company, Three Rivers Hospitality. AmericInn will become Wyndham's 20th hotel brand.
The Gray Plant Mooty mergers and acquisitions team was led by attorney John Brower. The franchise team was led by attorney Kevin Moran.
Gray Plant Mooty has proven expertise in both mergers and acquisitions and franchising, and the teams work collaboratively to provide excellent customer service to clients. The Gray Plant Mooty Mergers & Acquisitions Practice Group has experience with domestic and international transactions of all sizes, including more than $1 billion. The Gray Plant Mooty Franchise & Distribution Practice Group is one of the world’s leading franchise groups, serving franchisors in markets throughout the world at all stages of development. Attorneys from both teams are based in Gray Plant Mooty offices in Minnesota and Washington, D.C.
Please see Wyndham’s press release for additional information on the transaction.
About Gray Plant Mooty
Gray Plant Mooty is recognized as one of the leading law firms in Minnesota and one of the top franchise firms in the world. We are a 185-lawyer, full-service firm with offices in Minneapolis and St. Cloud, Minn., Fargo, N.D., and Washington, D.C. Our attorneys and staff provide exceptional client service and value, and comprehensive legal services on a regional, national, and global basis. Our roots date back to 1866. Learn more at www.gpmlaw.com.