Press Release

Ballard Spahr M&A Lawyers Guide Hospitality Company in Acquisition of California Marketing Agency

April 5, 2024

Lawyers from Ballard Spahr’s Mergers and Acquisitions Group advised Associated Luxury Hotels International (ALHI), a global sales and marketing organization for the event and travel industry, in its acquisition of 62ABOVE, a San Diego-based creative marketing agency.

ALHI made the acquisition as part of its strategic plan to expand its range of services to 250 members and its network of luxury clients, company leaders said. The combination of ALHI’s internationally recognized leadership in hospitality sales with 62ABOVE’s marketing expertise creates natural synergies that will benefit both organizations and their clients, the parties added.

ALHI is a portfolio company of Boathouse Capital, a structured capital fund focused on providing capital solutions to high-growth and later-stage companies, which supported the acquisition.

The Ballard Spahr M&A team advising ALHI on the transaction comprises Ryan J. Udell, Zachary Gorman, and David B. Gross.

For additional information, see the press releases from ALHI and Boathouse Capital.

For media inquiries, please contact Bill Shralow at 215.864.8195.

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