Goldman Sachs (Merchant Banking) Agrees to Buy B&B Hotels from PAI Partners

May 20, 2019

PAI Partners has entered exclusive negotiations to sell B&B Hotels, the France‑headquartered budget hotel chain operating across Europe, to the Merchant Banking Division of Goldman Sachs. The deal—subject to employee consultations and regulatory approvals—is expected to close in H2 2019 and transfers a platform that PAI expanded to 486 hotels and 42,832 rooms across 12 countries.

Buyers
Goldman Sachs (Merchant Banking Division)
Targets
B&B Hotels
Sellers
PAI Partners
Location
Île-de-France, France
Transaction Type
Buyout

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