Announced
Financials
Tags
Majority
Real Estate
Private Equity
Friendly
Acquisition
Pending
hotel operator
resorts
Hotels and Motels
Cross Border
Spain
Private
Synopsis
Stoneweg Hospitality, a real estate investment company, and Bain Capital Credit, an investment company, agreed to acquire Los Monteros, a hotel operator, for €47m ($52m). “By utilising our combined expertise in the Spanish hospitality industry, we will be able to modernise this resort to meet the demands of guests and potential operators, while being sympathetic to its unique features that have made it a popular and much-loved holiday destination for many years," Fabio Longo, Bain Capital Credit Managing Director.
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