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New Deal


Announced

Stoneweg Hospitality and Bain Capital Credit to acquire Los Monteros for €47m.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Real Estate

Private Equity

Friendly

Acquisition

Pending

hotel operator

resorts

Hotels and Motels

Cross Border

Spain

Private

Synopsis

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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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