An affiliate of travel and leisure private equity firm KSL Capital Partners LLC has acquired the parent company of The Pig Hotels in partnership with its Cofounder Robin Hutson.
Hutson will continue as chairman of the company and will retain a stake in the business. Tom Ross, previously group operations director, has taken on the role of managing director. Terms of the transaction were not disclosed.
Founded in 2011, The Pig Hotels are a collection of rural boutique hotels with acclaimed restaurants built on a commitment to environmental sustainability. Each of the eight properties is located in the countryside throughout Southern England and features homegrown food in a relaxed setting. What cannot be grown on-site is primarily sourced from within 25 miles of each Pig location.
“Having been admirers of what Robin has built over the last decade, we could not be more excited to work hand-in-hand with him and the entire team, and to help continue the growth of The Pig,” said Tina Yu, principal, KSL Capital Partners. “The team at The Pig has created something truly unique and exceptional: hotels set in the English countryside which are dedicated to providing genuine hospitality and are at the forefront of environmental responsibility. We look forward to being part of this journey and supporting the management team.”
KSL has invested exclusively in travel and leisure businesses for more than 30 years. With KSL’s backing, the company will seek to add additional Pig Hotels through the acquisition and development of complementary properties throughout the U.K.
“This is an exciting opportunity for us all at The Pig to focus on the future with an experienced team specializing in hospitality,” said Hutson. “KSL invests in some of the most iconic and well-known hotels in the world and has had great success preserving what makes each asset unique. The investment will allow us to continue to grow and expand our collection, while offering our guests the same home away from home quality they expect at each of our hotels.”