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Announced

Highgate to acquire Viceroy Hotels & Resorts.

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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Domestic

Majority

Hotels and Motels

Acquisition

hospitality

hotels

United States

Single Bidder

Friendly

resorts

Pending

Private

Synopsis

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Highgate, a hotel management, investment, technology and development firm, agreed to acquire Viceroy Hotels & Resorts, a hotel company. Financial terms were not disclosed. "We are excited for Viceroy's future and we believe that this acquisition will not only fuel the future expansion of our brand, but also give us a true partner, one who will offer incredible support, opportunity and collaboration. This deal will accelerate our momentum, and solidify our position as the leading modern luxury lifestyle brand in our space," Bill Walshe, Viceroy CEO.

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