Announced
Completed
Financials
Tags
Single Bidder
Hotels and Motels
Acquisition
hotels
Friendly
Cross Border
Completed
Minority
Private Equity
Private
Switzerland
Synopsis
Cain International, an investment firm, and Public Investment Fund, a sovereign wealth fund of Saudi Arabia, completed the acquisition of a minority stake in Aman, a hospitality group, for $900m. “We are excited to be investing in this phenomenal brand and look forward to building upon our longstanding partnership with Vlad and his team. As the hospitality landscape continues to evolve, we expect to see a growing desire for travellers and investors alike to prioritize experiences supported by preeminent brands like Aman. This investment represents a unique opportunity to further enhance this portfolio of unrivalled destinations," Jonathan Goldstein, Cain International CEO and Co-Founder.
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