PAI Partners agreed to acquire B&B Hotels in December 2015 and completed the acquisition in March 2016.
Under PAI’s ownership, the group grew from a strong local player to an integrated hotel platform operating at a pan-European level.
The exceptional performance of B&B in the three years of our ownership – the fastest growing hotel chain in Europe during that time – and the strong momentum of the hotel industry sparked strong interest from potential buyers (both trades and private equity), leading to the sale of the business to Goldman Sachs in July 2019.
Leveraging our sector expertise and international presence
Our decision to acquire B&B was based on the quality of the management team, its clear leadership positions in France, Germany and Italy, a highly efficient and flexible business model, and the significant potential for room roll-outs and international expansion within an attractive hospitality market.
PAI's experience of supporting international roll-out strategies, using our local presence across Europe, and our specialist understanding of the consumer and hospitality sectors, put us in a strong position to successfully partner with B&B and its management team to further develop the company.