Crowe advise FBD Hotels & Resorts on their acquisition of The Grand Hotel, Malahide

Crowe provide advisory services to FBD Hotels & Resorts

16/01/2025
Crowe advise FBD Hotels & Resorts on their acquisition of The Grand Hotel, Malahide

Crowe Ireland is pleased to have advised FBD Hotels & Resorts on its agreement to acquire the Grand Hotel Malahide, an iconic 4-star luxury hotel in one of Ireland’s most picturesque seaside villages.

Speaking about the transaction, Naoise Cosgrove, Managing Partner at Crowe, said, “We are delighted to have supported FBD Hotels & Resorts with this transaction. The Grand Hotel Malahide is a landmark acquisition for FBD Hotels & Resorts, adding to its existing portfolio of quality hotels in Ireland and Spain. As long-standing clients we have witnessed the group’s remarkable growth, driven by its forward-focused leadership, commitment to customer service and consistent investment in its assets.”

Built in 1835, the Grand Hotel boasts a rich history shaped by its colourful past and diverse owners. Renowned for its unique history and exceptional service, the hotel offers a seamless experience for leisure and business guests alike. With its picturesque setting, luxury accommodations, state-of-the-art conference facilities, and various fine-dining options, the Grand Hotel has become a cornerstone of Malahide’s hospitality landscape. Under the ownership of the Ryan family, the hotel continued to innovate and expand, serving a diverse range of visitors while preserving its legacy as a timeless landmark.

Commenting on the transaction, David Kelly, Chief Executive Officer of FBD Hotels & Resorts said, “We are delighted to have reached agreement with the Ryan family. The Grand Hotel in Malahide is an iconic hotel located in one of Ireland’s most unique settings. We are honoured to be entrusted with the stewardship of this historic hotel, whose rich heritage and enduring legacy have made it a symbol of excellence in hospitality.”

FBD Hotels & Resorts is a leading Irish hotel group renowned for its collection of high-quality 4-star hotels and resorts across Ireland and Spain. The group operates four exceptional properties in Ireland – Castleknock Hotel in Dublin, Killashee Hotel in Kildare, The Heritage Hotel and Spa in Laois and Faithlegg Hotel in Waterford – alongside two stunning resorts in Spain, La Cala Resort and Sunset Beach Club on the Costa del Sol.

At Crowe, we've been helping businesses grow and thrive for over 80 years. Our multidisciplinary Hotel, Tourism and Leisure consultancy team provides expert advice on hotel projects at every stage of their lifecycle. Having the support of experts that can provide the right, tailored financial and business advice across a breadth of specialisations can make all the difference. Connect with our experts to learn how we can help you maximise your investment. Talk to our team today.

Naoise Cosgrove, Managing partner - Crowe Ireland
Naoise Cosgrove
Managing Partner
Corporate Finance
Weldon Mather, Director, Hotel, Tourism & Leisure
Weldon Mather
Director, Hotel, Tourism & Leisure
Colm Sheehan - Crowe Irelnad
Colm Sheehan
Director, Corporate Finance