Stoneleigh Nabs Minority Stake In Hotel Management Firm

Law360, New York (December 14, 2011, 6:37 PM EST) -- Private equity firm Stoneleigh Capital has acquired a minority interest in Atlanta-based luxury hotel management company Capella Hotel Group LLC, Capella announced Wednesday.

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...
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