Announced
Completed
Financials
Tags
Private
United States
Domestic
Private Equity
Completed
Restaurants and Bars
lifestyle brand
hospitality company
Acquisition
Minority
Single Bidder
Friendly
Synopsis
Rockpoint, a real estate private equity firm headquartered in Boston, completed the investment in Margaritaville Enterprises, a global lifestyle brand. Financial terms were not disclosed. "The Margaritaville team has built a tremendous business, creating an established brand that provides significant value to asset owners through its strong top-line performance and unique, differentiated customer experience. We believe Margaritaville is poised to capitalize on demographic and secular trends, and we look forward to helping them continue to grow the platform. We are very excited about our strategic partnership," Tom Gilbane, Rockpoint Managing Member.
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