Greenwich, Connecticut, October 18, 2023 – The Silverfern Group, an investment management firm making direct investments in middle market private equity globally, today announced that it has exited its investment in Club Méditerranée S.A., a leading global hotel and resort operator, following the successful sale of its investment to majority Club Med investor Fosun International in an all-cash transaction.
Known for its worldwide resorts, luxury villas & chalets, and all inclusive holidays, Club Med is a world-class premium leisure resort hotel chain operator which operates over 70 resorts located in famous tourist destinations around the world. Since 2004 Club Med has refocused its business on its 4- and 5-Trident resorts, 5T Luxury Spaces and Luxury Villas & Apartments, rolling out a continuous stream of innovations to broaden its offer (beautiful locations, wealth of activities, customer comfort and personalized services) and introduce customers to new life experiences. Silverfern invested in the acquisition and take private of Club Med in 2015 in partnership with Fosun International and Ardian.
Following completion of the exit, Silverfern Managing Partner Clive Holmes commented “We are proud to have been part of the growth of Club Med in partnership with Fosun International and Club Med management, particularly as Club Med navigated successfully through the turbulent times of the global Covid-19 pandemic. We wish them every success as they continue their global expansion.”
About Club Med
Founded in 1950 and headquartered in Paris, France, Club Med is one of the world’s largest providers of luxury all-inclusive holiday resort vacations with over 70 owned, leased, or managed villages located across 30 countries. The Company’s villages offer sun, snow, and countryside holidays through an all-inclusive package business model. Services and activities included in the all-inclusive package consist of:
- Lodging – Various levels of accommodations depending on the resort (e.g., deluxe, suites, cabins)
- Food & Beverage – All meals included as well as open-bar services
- Services & Activities – Ski passes, golf, water activities, spa & wellness, childcare, etc
- Transportation – Round-trip airfare with choice of airline and class, ground transportation, taxes, and gratuities
For more information visit: www.clubmed.us.
About Silverfern
Silverfern is a global middle-market investment management firm. From its offices in Greenwich and Sydney, its experienced, cohesive team of senior investment professionals makes investments in global middle-market private equity. Targeting $10 million to $15 million equity per investment in partnership with qualified local investment partners, whom we select for their specific industry knowledge and local market experience, Silverfern seeks to invest in buyouts, build-ups, acquisitions, growth equity and recapitalizations worldwide. Additional information is available at www.silfern.com.
Media Contact:
John Cattau
Silverfern
jcattau@silfern.com
+1 203 542 2860