US private equity firm Pegasus Capital has completed the acquisition the Bangkok-based luxury resort company, Six Senses Resorts & Spas.
The deal, which follows the signing of an agreement in April, will see Pegasus take on the resort and spa management contracts and related intellectual property rights of all Six Senses- and Evason-branded properties. A new company managed by Pegasus and its affiliates will operate these 10 properties assets, including properties in the Maldives, Oman, Jordan, Thailand and Vietnam, and a new project being developed in China. Pegasus will not however, own the real estate.
Properties under the Soneva brand will continue to be run by Six Senses founder Sonu Shivdasani under his new company, The Soneva Group.
“Six Senses is an internationally recognised brand built on unparalleled guest service and experiences, while being a leader in sustainable hospitality with a strong sense of environmental responsibility,” said Craig Cogut, founder of Pegasus Capital.
“Same as we did in April, we see a significant opportunity for the brand to grow and continue evolving on this heritage. Six Senses is now a debt-free company, with committed capital to pursue opportunities in new and existing international markets. We are confident that our president Bernhard Bohnenberger and our management team will continue the Six Senses legacy.”
Financial terms of the deal have not been disclosed.
