SouthBridge Europe Mezzanine SCA SICAR Announces First Investment

SouthBridge Europe Mezzanine (“SouthBridge”) announces its first investment in HotelBrain S.A., Greece’s largest and fastest growing Hotel Management company in the small luxury hotel sector. The investment will enable HotelBrain’s further expansion in both the Greek and International markets, as well as strengthening of its service offering.

HotelBrain (www.hotelbrain.com) offers a wide range of personalized consulting services and supports hotel owners to achieve desired results. The Company has created a highly specialized platform offering a wide spectrum of services to hotel owners, such as sales, marketing, operational know-how, concept positioning, strategy, as well as financial planning.

From 2000 to date, HotelBrain has evolved from a small management company in Santorini to a key player in the Greek small luxury hotel market. The company currently has a rapidly growing portfolio with more than 110 hotels under management, mainly in top Greek tourism destinations such as Santorini and Mykonos islands, as well as presence in Turkey, Lebanon and Cyprus. During 2014, combined revenues of hotels under HotelBrain management umbrella reached in excess of €50M, growing 20% versus previous year. The company is also the Exclusive Partner of “Small Luxury Hotels of the World” for East Mediterranean & Middle East.

SouthBridge Europe Mezzanine (www.southbridge–partners.com) is a €40m investment fund that supports Lower-Mid market companies in Greece and the region to achieve sustainable growth and long-term value. SouthBridge is backed by prime private and institutional investors such as the European Investment Fund (EIF). SouthBridge seeks to support proven management teams and invest in attractive investee companies to finance organic growth, expansion in new products/markets, and/or acquisition of complementary businesses that can provide an additional opportunity to improve competitiveness.