InterContinental Hotels Group’s $300 Million Acquisition of Six Senses Hotels Resorts Spas

Evercore acted as exclusive financial adviser to Six Senses, and Kirkland & Ellis acted as Six Senses’ legal adviser.

Pegasus Capital Advisors executed the sale of Six Senses Hotels Resorts Spas to InterContinental Hotels Group (“IHG”) for $300 million in an all-cash transaction. Six Senses is an award-winning, eco-conscious luxury resort and spa management company that operates 16 hotels and resorts and 37 spas globally, and has a high-quality development pipeline of 18 signed management contracts and a further 50 deals under active discussion. Set in incredible and exquisite locations, Six Senses Resorts are designed to complement natural environments and cultures, with operating principles guided by the tenets of sustainability, wellness, and local sensibility. Six Senses also offers guests a full suite of personalized wellness programming designed to help rejuvenate and reconnect, ranging from specialized sleep programs to integrative wellness programs that measure biomarkers and assess ways for guests to live healthier. Since Pegasus’ initial investment in 2012, Six Senses has expanded its brand throughout Europe, the Middle East and Asia and launched its urban concept with the announcement of Six Senses New York, a property already under construction in the West Chelsea district of Manhattan. In 2018, and for the second consecutive year, Six Senses was voted the No. 1 Hotel Brand by the readers of Travel + Leisure magazine, the largest and most influential travel magazine in the United States. In addition, several Six Senses Resorts also received individual awards recognizing their excellence.

The Kirkland team included transactional partner Michael Paley (Picture) and associates Melanie Harmon, Neil Vohra and Anna Peckjian, and tax partner Rachel Cantor and associate Miles Johnson.

Involved fees earner: Rachel Cantor – Kirkland & Ellis; Melanie Harmon – Kirkland & Ellis; Miles Johnson – Kirkland & Ellis; Michael Paley – Kirkland & Ellis; Anna Peckjian – Kirkland & Ellis; Neil Vohra – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Six Senses Hotels Resorts Spas;


Author: Ambrogio Visconti