Announced
Completed
Financials
Tags
Netherlands
Minority
Private Equity
Completed
Friendly
hotel operator
Domestic
Private
Single Bidder
Hotels and Motels
Acquisition
Synopsis
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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