MerchantBridge invests $20 million in Monaco Luxury Hotels & Resorts
MerchantBridge, the private equity firm backed by GCC family offices, has agreed to invest in Monaco Luxury Hotels & Resorts (MLH&R) in a $20 million transaction.
This is the second investment by MerchantBridge this year, following its successful acquisition of the 15-year lease of the Kerbala Cement Plant in Iraq. MerchantBridge has completed 9 private equity transactions in North America, Europe, and the Middle East over the past 5 years. MLH&R was founded in 2006 by the Torriani family as a hotel management company with a core emphasis on the niche market of luxury hotels in the 4 star boutique and 5 star deluxe categories.
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More details from their release follows
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