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Pegasus Capital Advisors, a US-based private
equity fund manager, has acquired the Bangkok-based resort and spa
management business of Six Senses Resorts & Spas for an
undisclosed sum.
Following the terms of the binding
agreement signed in April 2012, Pegasus now holds all of the
resort and spa management contracts and related intellectual
property rights of the Six Senses and Evason branded properties.
A new company managed by Pegasus and its
affiliates will operate these newly acquired assets.
Bernhard Bohnenberger, currently the president
of Six Senses, will be continuing in that role and heading the Six
Senses’ Bangkok office.
“Six Senses is an internationally
recognized 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, Pegasus Capital Advisors. “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.”
This transaction accounted for the
luxury resort management contracts, and does not include the
physical real estate.
The new generation of Six Senses will include 28
branded spas around the world and the following Six Senses branded
resort properties:
– Six Senses Laamu (Maldives)
–
Six Senses Zighy Bay (Oman)
– Six Senses Yao Noi Beyond
Phuket (Thailand)
– Six Senses Samui (Thailand)
–
Six Senses Hua Hin (Thailand)
– Six Senses Con Dao
(Vietnam)
– Six Senses Ninh Van Bay (Vietnam)
– Six
Senses Saigon River (Vietnam) Under Construction
– Six
Senses Qing Cheng Mountain (China) Under Construction
–
Evason Ana Mandara Nha Trang (Vietnam)
– Evason Hua Hin
(Thailand)
– Evason Ma’In (Jordan)
The Soneva brand
and resorts, as well as the company’s real estate assets and
holdings, were not included in the transaction, and will continue
to be led by
Sonu Shivdasani, the former founder and CEO of Six
Senses, who will serve as chairman and CEO and principal
shareholder of The Soneva Group.
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