h i g capital
H.I.G. Capital Acquires Landmark Resort Hotel in Norway
H.I.G. Capital | March 30, 2021
LONDON - March 30, 2021 - H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with over €36 billion of equity capital under management, announced today that an affiliate has recently completed an investment in Hotel Ullensvang, a 170-key upscale waterside resort located in Norway’s Hardangerfjord. An institution in the Norwegian hotel market, the resort is set in stunning landscape surroundings with views of the fjord and Folgefonna glacier. Terms were not disclosed. Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: “Hotel Ullensvang is an excellent addition to our ex...
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 ...
Hilton London Docklands Riverside to Undergo Refurbishment and Open as DoubleTree by Hilton in 2015
DoubleTree By Hilton | February 25, 2015
February 25, 2015 - LONDON and MCLEAN, Va. - Hilton Worldwide has announced plans to redevelop and reflag Hilton London Docklands Riverside as DoubleTree by Hilton London Docklands hotel in 2015. The hotel will continue to operate under a Hilton Worldwide management agreement with owner H.I.G. Capital and joins 10 DoubleTree by Hilton hotels in Greater London. Patrick Fitzgibbon, senior vice president, development, Europe & Africa, Hilton Worldwide, said, "The property's recent sale and lease agreement's conclusion has created a unique opportunity to redevelop and transition the hotel under our upscale DoubleTree by Hilton brand. Bu...
