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New Deal


Announced

Completed

Pyramid Hotel Group completed the merger with Hamilton Hotel Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Friendly

Majority

Completed

hotel management

Merger

Acquisition

Private

Hotels and Motels

Single Bidder

Private Equity

Synopsis

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Pyramid Hotel Group, a privately held Boston-based hotel company, completed the merger with Hamilton Hotel Partners, an independent London-based hotel management and investment firm. Financial terms were not disclosed. "We have been seeking a European partner for what seems like a long time. We have found the right partners in Hamilton and we believe we can create significant synergies and growth opportunities on both sides of the Atlantic. This exciting merger will result in an enlarged management platform building on Pyramid’s institutional quality management and operational systems and Hamilton’s exceptional reputation and experience in the UK and throughout continental Europe. Our combined abilities will position us as a leading provider of hotel management and asset management services providing unrivalled service to both private equity and institutional investors alike. We are delighted to be working with Chris and Frank and their talented team," Warren Fields, Pyramid CEO.

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