Pegasus Capital to Acquire Six Senses Resorts & Spas

Pegasus Capital Advisors L.P., a US-based private equity fund manager, has entered into a binding agreement to acquire the Bangkok-based luxury resort and spa business Six Senses Resorts & Spas for an undisclosed sum. Under the terms of the deal, Pegasus will acquire all of the Six Senses and Evason-branded resort and spa management contracts and related intellectual property rights and operate them under a new company managed by Pegasus and its affiliates. “Six Senses is known around the world for providing a unique and innovative guest experience," says Craig Cogut, founder of Pegasus Capital Advisors. “The brand has a great heritage, and we believe it is strongly positioned to grow. Going forward, the new Six Senses will be a debt-free company with committed capital for expansion into new and within existing international markets. We are confident that our president, Bernhard Bohnenberger, and our strong management team will continue to build on its legacy as a recognized leader in luxury hospitality."