H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over €36 billion of equity capital under management, announced today that an affiliate has recently completed an investment in Hotel Ullensvang, a 170-key upscale waterside resort located in Norway’s Hardangerfjord.
An institution in the Norwegian hotel market, the resort is set in stunning landscape surroundings with views of the fjord and Folgefonna glacier. Terms were not disclosed.
Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: “Hotel Ullensvang is an excellent addition to our existing portfolio of domestically-led wellness resorts located in core European markets.
Source: Street Insider
By Business Wire
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