Bain Capital Invests in Les Hôtels de Paris, a Prominent French Hotel Owner and Operator

LONDON - September 22, 2025 - Bain Capital, a leading global private investment firm, today announced its investment into Les Hôtels de Paris (part of Machefert Group), a distinguished owner and operator of boutique French hotels. This transaction represents a significant step forward in Bain Capital's strategic growth in the European hospitality sector.

Les Hôtels de Paris, advised by Wingate Investment Bank, owns a portfolio of 18 prime hotels, with 17 centrally located in Paris and one in St. Tropez and demonstrates Bain Capital's commitment to investing in high-quality, strategically positioned real estate within Europe's fragmented hospitality sector. This transaction significantly enhances Bain Capital's presence in France and highlights the team's expertise in delivering complex real estate capital solutions.

Bain Capital will leverage its extensive expertise and resources to drive operational excellence and unlock value throughout Hôtels de Paris' portfolio.

Rafael Coste Campos, a Partner at Bain Capital, commented: "This investment is a natural extension of our hospitality strategy, reflecting our strong conviction in the enduring fundamentals of the European market and our ability to foster operational improvements and sustainable growth. We look forward to partnering with the talented Les Hôtels de Paris team."

Kevin Machefert, CEO at Les Hôtels de Paris, commented: "Partnering with Bain Capital marks an exciting new chapter for Les Hôtels de Paris. With their support and expertise, we are optimistic about the future and confident in our ability to accelerate growth, reinforce our position in the French hospitality market and become the leading independent experiential and boutique hospitality player in the region."

Stephane Cohen, Founding Partner at Wingate, added: "At Wingate Investment Bank, we are proud to have structured this transaction and introduced Bain Capital as a partner to Les Hôtels de Paris, putting the group back on solid ground. This alliance restores Les Hôtels de Paris' strength in the French hospitality market and opens the way for both organic growth and strategic expansion."

White & Case served as legal advisor, PwC served as financial and tax advisor, HPM served as technical advisor, CBRE served as commercial advisor to Bain Capital.

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About Bain Capital

Founded in 1984, Bain Capital is one of the world's leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 1,850 employees, and approximately $185 billion in assets under management. To learn more, visit https://www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

About Les Hôtels de Paris

Founded in 1992, the Machefert Group is a family-owned and independent player in the hospitality and catering sector. With 16 hotels, seven restaurants, five bars, three speakeasies, and a private beach, spread across Paris, Saint-Tropez, Ramatuelle, and Marrakech, the Group now employs over 300 staff dedicated to delivering a distinctive and authentic guest experience. Machefert Group has developed a unique vision of boutique hospitality: a new-generation, creative, immersive, and independent approach, at the heart of the most beautiful urban and seaside destinations.