Bayside Capital, an affiliate of H.I.G. Capital, has acquired the 378-room Hilton Hotel in London Docklands, United Kingdom. The asset was sold by Pandox AB.
Bayside Capital, an affiliate of H.I.G. Capital, announced today the acquisition of the 378-room Hilton Hotel in London Docklands, United Kingdom. The asset was sold by Pandox AB.
Ahmed Hamdani, Managing Director at Bayside Capital said, “We are thrilled with this acquisition and see significant potential to improve this asset through additional investment. We are very excited about the opportunities in the European hotel market in general and this transaction demonstrates H.I.G.’s ability to execute on complex operational assets. We are committed to growing our European Real Estate business further”.
Over the past twelve months, H.I.G. has been very actively investing in European real estate, having acquired a number of assets in the U.K., the Netherlands and Spain.
About Bayside Capital
Bayside Capital, an affiliate of H.I.G. Capital, is an investment firm with approximately $4.5 billion under management. Focused on middle-market companies, Bayside Capital invests across several segments of the primary and secondary debt capital markets with an emphasis on long-term returns. With thirteen offices throughout the U.S. and Europe and over 250 investment professionals to draw upon, Bayside has the experience, resources, and flexibility to provide capital solutions quickly, and the strategic and operational expertise to help support its investments.
Bayside Capital is active across a wide spectrum of industries, including business services, manufacturing, healthcare, retail, food/agriculture, and specialty finance. With the ability to invest in all parts of the capital structure, Bayside is able to develop creative financing solutions and consummate transactions on an expedited basis.
Bayside Capital is a credit affiliate of H.I.G. Capital, a leading global private investment firm with more than $13 billion of equity capital under management. Since its founding in 1993, H.I.G. Capital has invested in more than 200 companies worldwide and has developed an impressive track record for creating value for its partners and investors.
About H.I.G. Capital
H.I.G. is a leading global private equity investment firm with more than €10 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, New York and San Francisco in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Paris and Rio de Janeiro, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well managed manufacturing or service businesses. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 80 companies with combined sales in excess of €22 billion.