Ashurst advised Intermediate Capital Managers Limited as lender on the increase of facilities made available to the JAC Travel Group, owned by the European private equity firm Vitruvian Partners, for the purpose of the acquisition of the TotalStay Group by Sebco Financing Limited.

The Ashurst team was led by finance partner Helen Burton, assisted by senior associate Laura Ho and solicitor Emma Sandall. Senior associate Vitaly Shmakov advised on the corporate aspects of the transaction. The Hong Kong team was led by partner Doo-Soon Choi and associate Nikki Chong.