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Announced

Aimbridge Hospitality to acquire Grupo Hotelero Prisma.

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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Majority

Single Bidder

Friendly

Hotels and Motels

Private

Cross Border

Pending

Mexico

hotel operation

Acquisition

Synopsis

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Aimbridge Hospitality, a multinational hospitality company, agreed to acquire Grupo Hotelero Prisma, the largest third-party operator in the Mexico market. Financial terms were not disclosed. "We are honored to bring in the portfolio of Grupo Hotelero Prisma and its incredibly talented team of like-minded and energetic professionals. The continued expansion of Aimbridge and its alliances with the world's top hospitality brands has been a priority for us since the early days. This new relationship sets us on a path for a successful expansion in a previously untapped market," Dave Johnson, Aimbridge Hospitality Executive Chairman.

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