For more than 2 years, we supported the funds managed by 123IM in the fund-raising of Groupe Touriste for a total of 7 million euros, with a view to acquiring four prestigious Parisian hotels and entering the outdoor hotel market by acquiring a 4-star campsite in the Côtes d’Armor region.
Between late 2021 and early 2022, three consecutive hotel transactions worth almost €5 million laid the foundations for the partnership between 123 IM and the Group founded by Adrien Gloaguen. The two new operations carried out in early 2023 for an investment of over €2M confirm the determination of 123 IM Funds to support Touriste in consolidating its core business, with a new hotel in Paris, but also in diversifying its offering, with the acquisition of its first campsite in Brittany.
Operations: Investment documentation – Acquisition documentation
Counsels: Maud PARTOUCHE – Carole HADRYS
Press releases: Communiqué de presse Groupe Touriste | 123 IM (123-im.com)