Sunday, March 3, 2024

H.I.G. Realty Establishes a €1 Billion Resort Resort Platform in Southern Europe beneath the Ella Accommodations & Resorts Model

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LONDON — H.I.G. Capital (“H.I.G.”), a number one international different funding agency with $60 billion of capital beneath administration, is happy to announce that a number of of its associates have mixed their lodge belongings to create Ella Accommodations & Resorts (“Ella”).

Ella is a luxurious, life-style and lodge group working a set of sustainable “eco-chic” resorts throughout Southern Europe. Following a phased growth and refurbishment plan, Ella’s portfolio will probably be comprised of 13 accommodations with a complete of 4,500 rooms, situated in 5 of Greece’s key vacationer locations. It’s projected that Ella’s present portfolio will command a worth effectively in extra of €1 billion.

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Ella plans to increase additional into further, established Mediterranean vacation locations, specializing in alternatives in Spain, Portugal, and Italy, with a goal of reaching 10,000 whole rooms in its portfolio.

Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe, commented: “We consider the Mediterranean resorts market is among the most engaging actual property sectors with the strongest fundamentals and secular traits. Along with the robust restoration in international journey, the current improve of Greece’s essential peripheral airports allowed for a good stronger restoration of their resorts market. We consider that Ella has the potential of changing into a pacesetter within the Mediterranean resort sector, and we’re engaged on plenty of transactions to additional develop the platform.”

Stelios Theodosiou, Managing Director at H.I.G. Realty in Europe, added: “The Ella staff is uniquely positioned to seize the important thing rising traits within the hospitality business, such because the customization and personalization of the visitor expertise, digitalization of the working mannequin, prioritization of well being and wellness, in addition to the rising significance of sustainability. We’re excited in regards to the Ella model and can proceed to spend money on the lodge portfolio and the enterprise as we proceed to increase the platform.”

About H.I.G. Capital

H.I.G. is a number one international different funding agency with $60 billion of capital beneath administration.* Primarily based in Miami, and with places of work in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco in america, in addition to worldwide affiliate places of work in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, H.I.G. makes a speciality of offering each debt and fairness capital to mid-sized firms, using a versatile and operationally targeted/value-added strategy:

  • H.I.G.’s fairness funds spend money on administration buyouts, recapitalizations, and company carve-outs of each worthwhile in addition to underperforming manufacturing and repair companies.
  • H.I.G.’s debt funds spend money on senior, unitranche, and junior debt financing to firms throughout the scale spectrum, each on a major (direct origination) foundation, in addition to within the secondary markets. H.I.G. additionally manages a publicly traded BDC, WhiteHorse Finance.
  • H.I.G.’s actual property funds spend money on value-added properties, which may profit from improved asset administration practices.

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  • H.I.G. Infrastructure focuses on making value-add and core plus investments within the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed greater than 400 firms worldwide. The Agency’s present portfolio contains greater than 100 firms with mixed gross sales in extra of $53 billion. For extra data, please consult with the H.I.G. web site at

* Primarily based on whole capital raised by H.I.G. Capital and its associates.

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Riccardo Dallolio
Managing Director

Stelios Theodosiou
Managing Director


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