Announced

Completed

Kartesia completed the investment in Hotelatelier.

Synopsis

Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, completed the investment in Hotelatelier, an urban boutique hotel operator. Financial terms were not disclosed. Hotelatelier is already the leading hotel platform in the growing urban leisure segment in Spain, which makes it a unique strategic asset given the scarcity of prime locations in Madrid, Barcelona or Málaga. Together with the management team and the other shareholders led by Cristian Andersen, we plan to further grow and invest into our asset base to offer an even better experience to our clients. Finally, this is also an opportunity to develop together with the management the sustainability vision that Kartesia has for Hotelatelier,” Tomás Neuhaus, Kartesia Partner.

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