Stoneleigh Nabs Minority Stake In Hotel Management Firm
Stoneleigh, which specializes in hospitality investments, will partner with Capella on acquisition and management deals for hotel properties globally, Capella said.
Financial terms of the deal were not disclosed, but a person familiar with the matter said the transaction had closed in the last two months.
Stoneleigh has provided Capella with a silver investment fund of about $60 million, the source said, enabling...
To view the full article, register now.