Brief
Convene Hospitality Group Secures Strategic Growth Capital
Convene Hospitality Group (CHG) said Tuesday it has secured $230 million in strategic growth capital toaccelerate global expansion across its multi-brand platform. The latest funding is provided bynew
Summary
Convene Hospitality Group (CHG) said Tuesday it has secured $230 million in strategic growth capital toaccelerate global expansion across its multi-brand platform.
The latest funding is provided bynew lender TPG, as well as an additional equity investment from current shareholders, including Ares funds.
A portion of the capital will be deployed toward new development; technology...
Source
- Connect CREconnectcre.com
