Advent International-backed Aimbridge Hospitality completed its merger with Interstate Hotels & Resorts.

Advent International-backed Aimbridge Hospitality, North America’s largest independent hotel management firm, completed its merger with Interstate Hotels & Resorts, an independent multinational hotel operator. Financial terms were not disclosed. “Aimbridge is thrilled about the opportunity to join forces with Interstate to enable us to bring even more value to our hotel owners,” said Dave Johnson, Co-Founder and CEO of Aimbridge. “Our combined scale will ensure access to more robust data and the best talent to further differentiate us as leading hospitality managers. Personally, I am excited to work with Mike Deitemeyer, a good friend and well-respected industry leader.”