Maddocks has advised Australian and New Zealand rental property manager and online platform, MadeComfy and its shareholders, including investment manager Commencer Capital, on its sale to Indian-headquartered hospitality business OYO (oyorooms.com).

The Maddocks team was led by Corporate Partner, Rahil Patel supported by Associate Max Padley and Lawyer Leila Liu. They were assisted by Banking & Finance Partner Arlene Colquhoun, Special Counsel Olivia Ashurst and Lawyer Benjamin Cosgrove and Employment Partner Meaghan Bare. 

Commenting on the transaction, Rahil Patel said: 

“It was an honour to have supported Quirin Schwaighofer, Sabrina Bethunin and the MadeComfy and the Commencer Capital teams on this transaction. This was a complex, cross-border transaction, and we were proud to see a successful outcome achieved. We wish MadeComfy and its new owners OYO success in the next chapter of the business.”