TowerBrook and Related Fund Management Invest in Stonebridge Companies
March 2, 2022
TowerBrook Capital Partners completed a majority investment in Stonebridge Companies, with Related Fund Management taking a significant minority stake and founder Navin Dimond rolling a meaningful portion of his equity. The investors and Stonebridge will commit capital to establish a real estate investment platform to fund new hotel acquisitions and support the company’s geographic expansion and operational growth; financial terms were not disclosed.
- Buyers
- TowerBrook Capital Partners L.P., Related Fund Management
- Targets
- Stonebridge Companies
- Industry
- Real Estate
- Location
- Colorado, United States
- Transaction Type
- Buyout
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