LONDON, 11th November 2015: Metric Capital Partners (“MCP”, “Metric”), the European private capital group, has announced the completion of the sale of its investment in The Vincent Hotel Group (“TVHG”, “Company”) to a consortium of trade and financial investors.
TVHG is a leading operator of internationally branded, select service hotels in the Netherlands. It operates 11 hotels under the Holiday Inn Express, Holiday Inn and Hampton by Hilton brands. These select service hotels provide a high quality experience for customers looking for value and appeal to a wide range of corporate, conference and leisure guests.
The sale follows Metric’s investment in TVHG in September 2012 and represents its fifth realization.
John Sinik, Managing Partner of MCP, commented: “We are extremely pleased with our investment in TVHG and the returns that this transaction has generated for our investors. In addition to providing flexible private capital to European mid-market companies, we are an active and hands-on investor, and the successful sale process reflects MCP’s direct involvement in supporting portfolio companies to strengthen their operations.”
Mr. Sinik acted as Chairman on the Company’s Board of Directors. Phil Dougall, Partner at MCP, acted as the CEO of the Company since November last year.
Launched in 2011, MCP is an independent private capital group which invests in European small and medium-sized firms by providing debt and equity solutions to support the execution of strategic transactions including MBOs, MBIs, growth/development capital, refinancing and rescue financing.
For further information please consult:
John Sinik, Managing Partner, Metric Capital Partners – Tel: +44 (0) 203 540 1550
Phil Dougall, Partner, Metric Capital Partners – Tel: +44 (0) 203 540 1550