SouthBridge Europe Mezzanine SCA SICAR announces its investment in HotelBrain Capital, a fast growing company that specializes in the operation of boutique and medium sized hotels, through medium-term lease agreements, in Greece. The investment will support HotelBrain Capital to further strengthen its portfolio of leased hotel assets.
HotelBrain Capital, member of the HotelBrain Group (www.hotelbrain.com), repositions and upgrades the leased hotel assets, by investing in catch-up capex and marketing, while it makes use of a wide range of added value services offered by the parent company, in order to increase efficiency and revenue generation capability of the leased hotels. Since its establishment in 2015, HotelBrain Capital has grown its portfolio to 25 hotels, achieving significant growth both in terms of revenues and operating profitability.
Tourism remains Greece’s most important economic sector with solid prospects, proven by increasing demand and strong investment interest from international players.
SouthBridge Europe Mezzanine (www.southbridge–partners.com) is a €65m 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 EIF and EBRD. 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.