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New Deal


Announced

Completed

Somerset Capital Partners completed the investment Black Label Hospitality.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Minority

Private Equity

Completed

Friendly

hotel operator

Domestic

Private

Single Bidder

Hotels and Motels

Acquisition

Synopsis

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Somerset Capital Partners, a private equity firm, completed the investment Black Label Hospitality, a hotel operator. Financial terms were not disclosed. BLH currently has six hotels operational in the Netherlands , and one hotel under development. The newcomer to the hotel market, with the support of the world’s most renowned hotel brands such as Accor, Hilton, Marriott and Intercontinental, has developed from a startup into an established and distinct player in the Dutch hotel market in just a few years.

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