LOUNGERS acquired by FORTRESS INVESTMENT GROUP

PAI Partners agreed to sell a significant minority stake in European Camping Group to a subsidiary of ADIA. PAI Partners retains majority ownership of the group. The transaction, officially celebrated during the 2025 "Choose France" summit, marks a new phase of development for ECG to pursue geographic diversification and organic growth. The investment by ADIA reportedly totaling EUR600 million for the stake—underscores the attractiveness of the outdoor hospitality sector and ECG's position as its leading pan-European platform

BC Partners, the existing majority owner of Cigierre, brings in QuattroR SGR and Anthilia Capital Partners as minority co‑investors through a substantial capital increase, with additional co‑investments from the company’s management and existing shareholders. The transaction is structured as a minority growth‑equity and refinancing package: funds advised by BC Partners retain majority control, while QuattroR and Anthilia provide fresh equity capital to support Cigierre’s next‑phase expansion plan and to optimize the group’s long‑term capital structure

TIP, through its controlled vehicle Asset Italia 1 srl, has exercised its right of pre-emption to acquire an additional 36.02% stake in Alpitour from Dal 1802. This strategic maneuver follows the suspension of a formal sale process initiated in 2023, as the shareholders elected to consolidate control rather than exit to external bidders. The transaction allows Asset Italia to increase its total shareholding in the tour operator to approximately 94.6% (and up to 95.3% depending on co-sale rights)

FrenchFood Capital and Cerea Partners orchestrated a capital reorganization and equity strengthening of Boulangeries Sophie Lebreuilly. The two funds become the reference majority shareholders, working alongside the founders who remain operationally involved and invested. The deal brings in new minority backers (Sofiproteol, NextStage, etc.) to finance the continued rapid expansion of the network. The objective is to exceed 100 stores by the end of 2025 and deepen the company's ESG commitments (sourcing French wheat, rural employment)

La Compagnie des Alpes (CDA) has finalized the acquisition of a controlling majority stake in Soccer 5 France SAS, the parent company of Urban Group, executing a strategic cross-border corporate buyout within the leisure and sports entertainment sector. The transaction architecture was executed in two coordinated stages, beginning with an immediate equity buyout at closing, supplemented by a locked-in call/put option agreement to transfer an additional stake from the management holding vehicle, Soccer 5 Evolution, later that year

The acquisition of Sticks’n’Sushi by McWin Capital Partners is structured as a control‑oriented acquisition, with McWin securing a majority stake in the business while retaining the existing management team and brand identity. At the time of the transaction, Sticks’n’Sushi operates 27 restaurants across the UK, Denmark, and Germany , illustrating a multi‑market, mid‑market platform that has extended its footprint from its core Danish base to the UK and Germany over many years. McWin positions the transaction as a strategic add‑on to its existing restaurant portfolio, leveraging its scale, sector expertise, and cross‑brand resources to support further expansion in the UK and Germany, two markets where Sticks’n’Sushi is still relatively nascent

The Public Investment Fund (PIF) has acquired a 49% stake in Rocco Forte Hotels, valuing the group at £1.4 billion. This transaction marks the PIF's entry into the luxury hospitality sector and reflects the fund's confidence in the commercial opportunities and strength of the international hospitality and tourism sectors. The PIF plans to invest tens of millions of pounds in the group to double the size of its hotel portfolio over the next five years, with openings planned in the Middle East, Italy, and the United States

Shamal Holding, a Dubai-based investment firm, completed the acquisition of the remaining stake in SUSHISAMBA Group, taking full controlling interest in the global restaurant brand. This transaction represents the culmination of a decade-long partnership, as Shamal Holding had been a fifty percent owner of the brand since 2014. The strategic rationale for the acquisition is deeply rooted in Shamal's vision to expand its global portfolio of high-end hospitality and lifestyle assets. By taking full control, Shamal aims to leverage its resources and expertise to accelerate SUSHISAMBA's international growth and drive the next phase of its evolution as an iconic dining and entertainment concept

General Atlantic acquired a majority stake in Joe & the Juice from Swedish private equity firm Valedo Partners. The deal is structured as a buy‑out of Valedo’s entire holding, which fully exits the business, while General Atlantic, which has been a minority investor since 2016, steps up to majority control. The transaction is intended to support Joe & the Juice’s international expansion, with a particular focus on the U.S. and the UK, as well as on deepening the company’s digital footprint and improving its balance‑sheet structure by reducing leverage

Ange Boulangerie's founders executed a significant strategic transaction by opening the company's capital to an external investor for the first time since its creation. The company sold a 35% minority stake to Lov and Bread, the food-focused investment fund of Stéphane Courbit's Lov Group. This partnership was the culmination of over a year of discussions, with the founders emphasizing that the primary driver was not financial but strategic. Their goal was to inject 'new blood' into the business to accelerate its ambitious growth plans while carefully preserving the company's operational freedom and core DNA