Waterton To Retain Robertdouglas To Facilitate Hotel Management Platform Growth
Waterton, an experienced owner and operator of hospitality and multifamily properties, announced today it will retain real estate investment banking and advisory firm, RobertDouglas to conduct a mergers & acquisitions search in order to further grow its hotel management platform.
Waterton, which currently operates 13 properties in six states with several industry-leading brand affiliations, is seeking to explore opportunities with mid-sized hotel companies with geographically diversified portfolios in strong primary and secondary markets.
“This is a transformative point in our growing hotel platform,” said Nir Liebling, Chief Investment Officer of Hospitality at Waterton. “We are excited to share our vision for the business with prospective partners.”
As a deeply experienced intermediary in the hotel space, RobertDouglas has the expertise necessary to transform Waterton’s hotel platform by facilitating new market entry and helping achieve necessary scale. RobertDouglas’ approach will also be focused on helping Waterton build relationships to create longer-term opportunities with groups not immediately prepared to transact. RobertDouglas will also actively work to improve Waterton’s current management platform based on analysis of potential targets.
“Waterton’s institutional-quality investment and operating platform make its hotel management business uniquely positioned for growth via a strategic transaction,” commented Rob Stiles, a Principal and Managing Director at RobertDouglas. “We are proud to be representing Waterton in this effort and are confident that the market will respond favorably to its best-in-class track record and hospitality leadership.”