Bain Capital, Quinspark Investment Partners, and Columbia Threadneedle Investments to acquire Pullman Paris Montparnasse.

Bain Capital, a private investment firm, Quinspark Investment Partners, an investment platform, and Columbia Threadneedle Investments, an asset management firm, agreed to acquire Pullman Paris Montparnasse, an iconic hotel. Financial terms were not disclosed. “The acquisition of the Pullman Paris Montparnasse is a key milestone in our Value-Add strategy. It demonstrates our ability to source and structure complex off-market opportunities and deploy our European capabilities alongside trusted partners. Acquiring such an iconic Parisian asset with strong fundamentals and long-term value creation potential is a rare opportunity. We are excited to collaborate with Bain Capital and QuinSpark to enhance the performance of this landmark hotel and deliver sustainable returns for our investors,” Marc-Olivier Assouline, Columbia Threadneedle Investments Head of European Value-Add.