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TowerBrook and Related Fund Management complete investment in Stonebridge Cos.
Investors - MARCH 2, 2022

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TowerBrook and Related Fund Management complete investment in Stonebridge Cos.

by Released

TowerBrook Capital Partners and Related Fund Management (RFM) have completed their investment in Stonebridge Cos.

The transaction was funded through a majority investment from TowerBrook, with a significant minority investment from RFM and a substantial roll-over investment from Navin Dimond, founder and CEO of Stonebridge. In conjunction with the investment, TowerBrook, RFM and Dimond have also committed significant capital to establish a real estate investment platform to fund new hotel acquisitions.

Based in Denver and founded by Dimond in 1991, Stonebridge manages and operates more than 11,500 hotel rooms (67 hotels) across 13 states in the Midwest, Northeast, South, and West Coast markets. The company provides hotel management services, hotel investment opportunities, and development services across its portfolio. The company also holds franchise licenses with Hilton Worldwide, Marriott International, Hyatt, InterContinental Hotel Group and Wyndham, as well as sup

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