Nordic Hotel Consulting advised H.I.G. Capital and Hamilton Hotel Partners on the acquisition of the historic and unique 170-room Hotel Ullensvang in the stunning Hardanger Fjord.
Quotes from Press Release:
“Hotel Ullensvang is an excellent addition to our existing portfolio of domestically-led wellness resorts located in core European markets. We believe this sector, in selected locations, will benefit from the resilience of local demand as well as tailwinds in staycation, wellness and sustainable travel.”
Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London
“This transaction not only underlines our commitment to the Scandinavian market, which is a key jurisdiction for our European strategy, but also demonstrates our ability to source high-quality assets which can benefit from H.I.G.’s value-add expertise.”
Baptiste Boye-Møller, Director at H.I.G. Europe Realty
Read more here: Press release
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with over €36 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach.