ATLANTA—Hotel Equities has formed a strategic partnership with internal most equity company PPC Enterprises. The partnership looks to speculate in future mergers, strategic alliances, JV opportunities, and acquisitions.
“This partnership creates a uniquely important platform for Hotel Equities to extra salvage bigger our footprint by method of strategic improve and meaningful funding into our industry-leading skill, infrastructure, coaching, and BI tools. PPC’s self assurance in HE and our partnership is a sturdy endorsement of our capabilities. We are honored and severe about what the prolonged flee holds,” stated Brad Rahinsky, president and CEO of Hotel Equities. “I’m proud to convey that the principals at PPC part our core values, our ardour and dedication to our of us, and our vision for success.”
The decision to partner with PPC was nearly a full-year command to be determined that the companies had been aligned on commerce facets with an emphasis on its of us. The partnership will enable HE to flee its building pipeline.
“Hotel Equities has demonstrated a dedication to excellence, innovation, shareholder returns, and guest pride,” stated Thomas Uger, partner and Head of Enterprise Services and products for PPC. Ben Salzman, Vital for PPC, added, “We are assured that our partnership will manufacture unusual opportunities to extra toughen HE’s industry-leading service and efficiency, salvage bigger capabilities, and reinforce their infrastructure. We contain forward to achieving unusual milestones and establishing lasting worth for their companions.”
Both HE and PPC peruse wide capability for improve by method of nurturing skill and fostering profession building opportunities for HE’s of us.
“This partnership isn’t factual about financial funding; it’s about leveraging synergies, market insights, and strategic foresight to location Hotel Equities for strategic, sustained improve,” Joe Reardon, chief building officer for HE, added.
Moelis & Firm LLC served as financial e book and Latham & Watkins LLP acted as correct counsel to Hotel Equities. Jones Lang LaSalle Securities, LLC served as financial e book and Covington & Burling LLP acted as correct counsel to PPC.