Portobello Capital Advances with BlueSea

Deal News | Nov 20, 2024 | Portobello Capital SL

Portobello Capital, a private equity firm, has successfully completed a continuation fund for its portfolio company, BLUESEA Hotels. This strategic move aims to reinforce support for BLUESEA Hotels by providing additional resources for investments and positioning the company for future growth. The achievement was facilitated by Partners Group, with significant involvement from Neuberger Berman, Mercer, and Florestan. Carlos Dolz de Espejo Cardenal, a partner at Portobello, emphasizes this transaction as a testament to the firm's commitment to the growth of BLUESEA Hotels.

Sectors

Hospitality
Private Equity

Geography

Spain – BLUESEA Hotels focuses on the Spanish hospitality market.

Industry

Hospitality – BLUESEA Hotels operates in the hospitality sector, offering value-for-money experiences.
Private Equity – Portobello Capital, the private equity firm, facilitated the continuation fund for BLUESEA Hotels.

Financials

Not specified – The article does not specify the financial details of the continuation vehicle raised for BLUESEA Hotels.

Participants

Name	Role	Type	Description
Portobello Capital	Private Equity Firm	Company	The private equity firm that raised a continuation vehicle for BLUESEA Hotels.
BLUESEA Hotels	Portfolio Company	Company	A hotel chain specializing in value-for-money experiences in Spain, part of Portobello Capital's portfolio.
Partners Group	Co-investor	Company	Acted on behalf of its clients in facilitating the continuation fund for BLUESEA Hotels.
Neuberger Berman	Co-investor	Company	Contributed to the continuation fund for BLUESEA Hotels.
Mercer	Co-investor	Company	Contributed to the continuation fund for BLUESEA Hotels.
Florestan	Co-investor	Company	Contributed to the continuation fund for BLUESEA Hotels.
Carlos Dolz de Espejo Cardenal	Partner at Portobello	Person	Partner at Portobello Capital and involved in the transaction.