EQS-News

029 Group SE: Portfolio company Limestone Capital acquires luxurious hotel resort in Sardinia - Seite 2

Limestone Capital Co-founder, Jeff Coe adds, "This transaction reconfirms Limestone Capital’s conviction in the long-term prospects for the European leisure market and our belief that there is also significant pent-up demand for leisure travel. As we progress with our strategic growth plan, bolstered by existing assets across France, Spain, Italy, and Portugal, renowned for their top-tier hospitality, acquiring this hotel underscores our dedication to the European hotel sector”.

Limestone Capital's strategic growth aligns seamlessly with its mission to provide unparalleled hospitality experiences to discerning travelers who seek excellence. The acquisition of the Sardinia hotel marks a significant milestone in bringing this vision to fruition.

About Limestone Capital AG
Limestone Capital is a vertically integrated Swiss-based private equity firm that delivers value through transformation in the travel & leisure industry. Limestone's core focus is on value-add, special situations, and distressed opportunities, where they source, develop, and operate unique properties and operating companies often requiring significant repositioning, management change, and quality design. Most investments follow a branded platform strategy where value-add real estate is transformed by scalable, technology-enabled operating brands and seasoned management teams delivering double digit returns for shareholders and investors. Its platforms, including Aethos Hotels, Emerald Stay, and others operating over €1bn in real estate assets and have been featured globally in Architectural Digest, Bloomberg, Condé Nast Traveler, Forbes, Vanity Fair, Vogue, and amongst many others.
Further information: https://www.limestone-capital.com/ & https://www.aethos.com/


About 029 Group SE
029 Group SE believes that the next generation of consumer brands will be built on connection, experiences, and community. In a post-pandemic world, new patterns of work, life and leisure are emerging and accelerating. These trends create opportunities in hospitality and lifestyle for innovation-driven entrepreneurship with a strong community focus. 029 Group backs the most audacious entrepreneurs with a hands-on investment approach, focusing on areas where they can add significant value through their platform, global network and company building expertise. 029 Group is based in Berlin, Germany.