H.I.G. Capital Enters into Agreement to Sell the DoubleTree by Hilton Hotel London – Docklands Riverside in London to a Chinese Investor Group

H.I.G. Capital | September 6, 2016

LONDON -- September 6, 2016 -- H.I.G. Capital, LLC ("H.I.G."), a leading global private equity and alternative asset investment firm with $20 billion of equity capital under management, announced today that it has agreed to sell the 378 bedroom DoubleTree by Hilton Hotel London – Docklands Riverside in London to a Chinese investor group. Terms were not disclosed. H.I.G. purchased the hotel in early 2014, with a view to implementing a long-term refurbishment program that included upgrading guest rooms and common areas and repositioning the property. The business plan also included the rebranding of the asset which is now ...