Malmaison Group (Malmaison), the owner of leading UK boutique hotel brands Malmaison and Hotel du Vin, and private equity firm KSL Capital Partners, LLC (KSL) have announced that an affiliate of KSL has acquired Malmaison.
With 27 hotels, the transaction will cement Malmaison and Hotel du Vin’s position as one of the UK’s leading boutique brands, with KSL planning to invest significantly in the existing portfolio and in the growth of both hotel brands.
The investment will support the current development strategy initiated by CEO Gary Davis. Under the leadership of Mr Davis and KSL, Malmaison will continue its brand development plans including an extensive renovation program and expansion within the UK, European and international markets.
Mr Davis, who previously led the expansion of the De Vere Group’s Village Hotel portfolio and the global expansion programmes at Hard Rock Café and Planet Hollywood, was appointed CEO of Malmaison in January 2012.