Macfarlanes has advised Ares Management Limited (Ares) on term loan facilities and The Royal Bank of Scotland plc (RBS) on a super senior revolving credit facility for the acquisition by Phoenix Equity Partners of the Bridge Leisure group of companies and the related acquisition by Bridge Leisure of the Scottish based Silver Sands holiday park.

Macfarlanes provided an integrated team, advising Ares and RBS on specialist banking, corporate, tax and commercial real estate issues.

The Macfarlanes team was led by banking and finance partner Andrew Perkins, with partner Clare Breeze and senior counsel Will David advising on commercial real estate and corporate aspects respectively. Andrew Perkins said "It was great to act for Ares and RBS on this transaction, closed on a very tight timetable and the second deal we have executed for Ares in the last month. We look forward to supporting Ares and RBS as Bridge Leisure grows its business over the coming years."