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Margaritaville Announces Strategic Investment By Rockpoint

Margaritaville Announces Strategic Investment By Rockpoint

04/13/22, 1:02 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgorlando
Margaritaville Enterprises LLC (“Margaritaville”) today announced it has partnered with Boston-based private equity real estate firm Rockpoint, through a common equity investment by affiliates of Rockpoint in the company, as part of a recapitalization of certain minority investors. The strategic partnership aligns Margaritaville’s asset-light, lifestyle brand platform with Rockpoint’s fundamental value investment approach, and is expected to further drive the growth of the Margaritaville platform.

Company Info

Company
Margaritaville
Location
orlando, florida, united states
Additional Info
Margaritaville Enterprises LLC (“Margaritaville”), a state of mind since 1977, is a global lifestyle brand inspired by Jimmy Buffett, whose songs evoke a passion for tropical escape and relaxation. Margaritaville features over 25 lodging locations and over 20 additional projects in the pipeline positioned across a variety of full-service and boutique hotel brands, branded for-sale real estate, premium RV destinations, and gaming properties, all complemented by an extensive suite of food and beverage concepts across more than 60 stand-alone and integrated F&B venues. The hotel brands include Margaritaville Hotels & Resorts, Compass by Margaritaville, Margaritaville Beach House, Margaritaville St. Somewhere, and the all-inclusive product Margaritaville Island Reserve Resorts. Branded real estate includes its “55 and better” active adult brand Latitude Margaritaville, Margaritaville Cottages, Villas and Residences, One Particular Harbour Margaritaville, and Margaritaville Vacation Club by Wyndham. The brand further expanded with last year’s launch of Camp Margaritaville for its luxury RV destinations. In addition, this month the brand will launch Margaritaville at Sea to support its first cruise ship. The brand has attracted a large roster of high-quality institutional partners, including Pebblebrook, Diamondrock, Apollo, Brookfield, IMC, Minto, St. Joe Company, Sycamore, Davidson, Karisma Hotels & Resorts, Aimbridge, Benchmark, Encore, Safe Harbor Development, Songy Highroads, Driftwood Hospitality, Forge Hotel Partners, SOHO Properties, JEMB Realty, Wyndham Destinations, and Berkshire Hathaway (via its Forest River and Clayton Homes subsidiaries), among others. More than 20 million travelers every year change their latitude and attitude with a visit to a Margaritaville location. Consumers can also escape every day through a collection of Margaritaville lifestyle products including apparel, footwear, frozen concoction makers, home décor, a satellite radio station and more. For more information, visit www.margaritaville.com. MARGARITAVILLE, COMPASS, ST. SOMEWHERE, LATITUDE MARGARITAVILLE, ONE PARTICULAR HARBOUR and related trademarks are the property of Margaritaville Enterprises, LLC. The names and trademarks of third-party companies are the property of their respective owners.