Aimbridge Hospitality is a leading third-party hotel management company operating a portfolio of branded hotels and destination resorts.
Argonaut and Aimbridge worked together to balance capital needs with accelerated growth following the negative impact of the 2008 financial crisis on the real estate lending markets.
Aimbridge Hospitality is a leading third-party hotel management company. Aimbridge’s founders sought a partner to buy stakes in new properties at historically low prices to grow its base of managed properties following the 2008 financial crisis. With real estate liquidity markets frozen, Argonaut presented a unique source of growth capital and understood the rare long-term opportunity amidst financial market chaos. The partnership allowed Aimbridge to grow its portfolio of properties from 90 to 320 prior to the Company’s sale.
Argonaut understood the unique attributes needed to successfully partner with entrepreneurs in fast growing businesses. With help from its real estate operating partners, Argonaut lent both capital and industry expertise to guide the Aimbridge management team as they deployed capital and grew their managed base by thousands of rooms. Argonaut successfully negotiated a sale of its ownership stake in Aimbridge to Lee Equity Partners in 2013.
