Pegasus Capital to Acquire Six Senses Resorts & Spas (Asia)
Source: Pegasus Capital Advisors
U.S.-based provide equity fund manager Pegasus Capital Advisors has agreed to acquire the Thailand-based luxury resort and spa business of Six Senses Resorts & Spas. The value of the investment is undisclosed. Under the terms of the transaction, Pegasus will acquire all of the Six Senses and Evason branded resort and spa management contracts and related intellectual property rights, and operate them under a new company managed by Pegasus and its affiliates. Six Senses manages 10 resorts and 28 spas in 20 countries and has another 15 under construction or development.