Pegasus Capital Advisors Recognized for Merger & Acquisition Deal of the Year
U.S.-based private equity fund manager Pegasus Capital Advisors L.P. was honored at the 23rd Annual Hotel Investment Conference Asia Pacific (HICAP), in Hong Kong, October 10-12, 2012. The award for Merger & Acquisition Deal of the Year was presented to Pegasus for the acquisition of Six Senses Hotels Resorts Spas. Bernhard Bohnenberger, long-time president of Six Senses Hotels Resorts Spas, was in attendance and received the award on behalf of the U.S.-based firm.
Bernhard Bohnenberger, Six Senses Hotels Resorts Spas president, receives 2012 Merger & Acquisition Deal of the Year on behalf of Pegasus Capital Advisors from HICAP master of ceremonies Anthony W. Ryan (High resolution image available upon request)(Photo: Business Wire)
In June of this year, the fund manager acquired Bangkok-based Six Senses, a pioneer in the global trend of sustainable luxury hospitality. As such, Pegasus now holds the rights to the Six Senses and Evason resort and spa management contracts and related intellectual property. The new generation of Six Senses will consist of 28 branded spas and 12 branded resorts around the world.
Sustainable Luxury Holdings (BVI) Limited, a newly-formed company managed by Pegasus and its affiliates, will operate the newly acquired assets. The new structure establishes a well-capitalized future to pursue international growth opportunities for the brand.
“Six Senses is an internationally recognized brand built on unparalleled guest service and experiences, while being a leader in sustainable hospitality with a strong sense of environmental responsibility,” said Craig Cogut, founder, Pegasus Capital Advisors. “Six Senses will continue to pursue opportunities in new and existing international markets with a focus on unique destinations in keeping with the brand legacy."
About Six Senses Hotels Resorts Spas
Six Senses Hotels Resorts Spas has earned a global following by providing award-winning guest experiences and state of the art wellness programs in some of the world's most beautiful locations. With properties under management in Asia, the Middle East, the Americas and Europe, the name Six Senses is synonymous with a unique style of luxury – authentic, relaxed and in tune with the surrounding environment. In all, Six Senses manages 12 resorts and 28 spas in 20 countries around the world, with another 15 under construction or development. Six Senses Hotels Resorts Spas will maintain offices in Bangkok, New York and Singapore. For further information, please visit www.sixsenses.com.
About Pegasus Capital Advisors, L.P.
Pegasus Capital Advisors, L.P. is a private equity fund manager that has over 15 years of experience providing creative capital solutions to companies impacted by global trends in resource scarcity. By creating a close working partnership between their experienced investment professionals and a seasoned team of Operating Partners, Pegasus is able to create substantial growth within its portfolio. Pegasus manages approximately $2.7 billion in assets.
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