U.S.-BASED PRIVATE EQUITY Fund Manager Pegasus Capital Advisors LP was honored at the 23rd annual Hotel Investment Conference Asia Pacific (HICAP), receiving the award for the Merger & Acquisition Deal of the Year for its 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.
In June of this year, Pegasus acquired Bangkok-based Six Senses, a pioneer in the global trend of sustainable luxury hospitality, providing Pegasus 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.”