PE Tech Report


Like this article?

Sign up to our free newsletter

Pegasus Capital completes acquisition of Six Senses Resorts & Spas

Pegasus Capital Advisors, a US-based private equity fund manager, has, through one of its affiliates, acquired the Bangkok-based ultra-luxury resort and spa management business of Six Senses Resorts & Spas for an undisclosed sum.

Following the terms of the binding agreement signed in April 2012, Pegasus now holds the rights to the Six Senses and Evason resort and spa management contracts and related intellectual property. Sustainable Luxury Holdings (BVI) Limited, a newly-formed company managed by Pegasus and its affiliates, will operate these newly acquired assets.

Bernhard Bohnenberger, currently the president of Six Senses, will be continuing in that role and heading the Six Senses’ Bangkok office.

“Six Senses is an internationally recognised brand built on unparalleled guest service and experiences, while being a leader in sustainable hospitality with a strong sense of environmental responsibility,” says Craig Cogut (pictured), founder, Pegasus Capital Advisors. “Just as we saw in April, we see a significant opportunity for the brand to grow and continue evolving on this heritage. Six Senses is now a debt-free company, and will continue to pursue opportunities in new and existing international markets with a focus on unique destinations. We are confident that our president Bernhard Bohnenberger and our management team will continue the Six Senses legacy."

Like this article? Sign up to our free newsletter