Bain Capital, a leading global private investment firm, today announced its investment into Les Hôtels de Paris (part of Machefert Group), a distinguished owner and operator of boutique French hotels. This transaction represents a significant step forward in Bain Capital’s strategic growth in the European hospitality sector.
Les Hôtels de Paris, advised by Wingate Investment Bank, owns a portfolio of 18 prime hotels, with 17 centrally located in Paris and one in St. Tropez and demonstrates Bain Capital’s commitment to investing in high-quality, strategically positioned real estate within Europe’s fragmented hospitality sector. This transaction significantly enhances Bain Capital’s presence in France and highlights the team’s expertise in delivering complex real estate capital solutions.
Bain Capital will leverage its extensive expertise and resources to drive operational excellence and unlock value throughout Hôtels de Paris’ portfolio.
Rafael Coste Campos, a Partner at Bain Capital, commented: “This investment is a natural extension of our hospitality strategy, reflecting our strong conviction in the enduring fundamentals of the European market and our ability to foster operational improvements and sustainable growth. We look forward to partnering with the talented Les Hôtels de Paris team.”
Kevin Machefert, CEO at Les Hôtels de Paris, commented: “Partnering with Bain Capital marks an exciting new chapter for Les Hôtels de Paris. With their support and expertise, we are optimistic about the future and confident in our ability to accelerate growth, reinforce our position in the French hospitality market and become the leading independent experiential and boutique hospitality player in the region.”
Stephane Cohen, Founding Partner at Wingate, added: “At Wingate Investment Bank, we are proud to have structured this transaction and introduced Bain Capital as a partner to Les Hôtels de Paris, putting the group back on solid ground. This alliance restores Les Hôtels de Paris’ strength in the French hospitality market and opens the way for both organic growth and strategic expansion.”
White & Case served as legal advisor, PwC served as financial and tax advisor, HPM served as technical advisor, CBRE served as commercial advisor to Bain Capital.
