Partners Group, acting on behalf of its clients, has acquired a majority stake in BLUESEA Hotels, a hospitality platform in Spain, in partnership with Portobello Capital, a leading independent mid-market private equity firm.
Headquartered in Palma de Mallorca, BLUESEA specializes in the three- to four-star hotel segment in Spain, operating a portfolio of 25 hotels with around 5,100 rooms. The hotels are located in popular tourist destinations, including the Balearic and Canary Islands, Costa Brava, Costa del Sol and Madrid, and offer affordable all-inclusive holiday packages.
In line with its entrepreneurial governance approach, Partners Group will take a seat on BLUESEA’s board of directors. Alongside the management team and Portobello, Partners Group will oversee transformational value creation initiatives across BLUESEA’s portfolio, including the refurbishment of existing sites, the expansion of ancillary-service offerings, operational efficiency improvements an
