 |
Joele Frank represents KSL Capital Partners as the private equity takes a majority stake in Italy’s Sereno Hotels.
Sereno owns and operates ultra-luxury il Sereno, which is located on the shores of Lake Como, and Le Sereno, situated on the island of St. Barthelemy.
Travel + Leisure recently rated il Sereno the best hotel in Italy and Europe, and the No. 4 best hotel in the world.
Sereno founder & CEO Luis Contreras will continue to run the company.
“Sereno Hotels is at heart a family company,” he said. “Collaborating with KSL empowers us to accelerate our scale, while upholding the ideals and standards that have contributed to our success.”
KSL, which has raised $21B, invests in the travel, hospitality and real estate sectors.
Joele Frank, Wilkinson Brimmer Katcher’s Jon Keehner, Kate Thompson and Erik Carlson handle KSL.
Magrino PR’s Olivia Scrofani represents Sereno Hotels in the US, while GibbonBerry PR’s Jo Berry works the European press.
FGS Global represents private equity firm Thoma Bravo as it makes a $4.6B bid for Darktrace, a UK-based cybersecurity artificial intelligence firm.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Have a comment? Send it to 
No comments have been submitted for this story yet.