{"id":78182,"date":"2017-02-03T22:14:56","date_gmt":"2017-02-03T22:14:56","guid":{"rendered":"http:\/\/admin.aws.dancingastronaut.com\/?p=274450"},"modified":"2017-02-03T22:14:56","modified_gmt":"2017-02-03T22:14:56","slug":"trilantic-capital-partners-acquire-pacha-for-e350-million","status":"publish","type":"post","link":"http:\/\/earthquakemix.com\/boom\/?p=78182","title":{"rendered":"Trilantic Capital Partners acquire Pacha for \u20ac350 million"},"content":{"rendered":"<p><a\nhref=\"http:\/\/dancingastronaut.com\/search\/pacha\" >Pacha<\/a> Group&#8217;s sale has been finalized, with venture capital firm Trilantic Capital Partners paying\u00a0\u20ac350 million\u00a0for control over the brand. The group\u00a0is known as an esteemed pillar\u00a0of the Ibiza nightlife industry, known for owning Pacha, Destino, and Lio on the island itself, as well as\u00a0various additional club and hotel ventures\u00a0across the world. News of the sale initially emerged in 2016, under\u00a0an original asking price of\u00a0\u20ac500 million.<\/p><p>Trilantic Capital Partners is a swiftly rising international firm whose primary business takes place in Spain and Italy. Included in their purchase are all of Pacha&#8217;s global businesses, which will assist Trilantic in building an even larger presence in\u00a0other countries such as Australia and Germany. Details have yet to emerge on how business will change for the iconic nightclub group, save for their new owners advising that they&#8217;d be increasing staff on all Pacha-owned Ibiza destinations.<\/p><p><em>H\/T: <a\nhref=\"https:\/\/www.residentadvisor.net\/news.aspx?id=38057\" >Resident Advisor<\/a><\/em><\/p><p><strong>Read More:<\/strong><\/p><p\nclass=\"item-title\"><a\ntitle=\"Pacha closes New York venue, opens new space in Macau\" href=\"http:\/\/dancingastronaut.com\/2015\/12\/pacha-closes-new-york-venue-opens-new-space-macau\/\">Pacha closes New York venue, opens new space in Macau<\/a><\/p><p\nclass=\"item-title\"><a\ntitle=\"Pacha Group to open 25 new hotels and spa resorts\" href=\"http:\/\/dancingastronaut.com\/2016\/10\/pacha-group-25-new-hotel-spa-resorts\/\">Pacha Group to open 25 new hotels and spa resorts<\/a><\/p><p\nclass=\"item-title\"><a\ntitle=\"International nightlife franchise Pacha Group is up for sale for \u20ac500 million\" href=\"http:\/\/dancingastronaut.com\/2016\/09\/pacha-group-sale\/\">International nightlife franchise Pacha Group is up for sale for \u20ac500 million<\/a><\/p> <img src=\"http:\/\/feeds.feedburner.com\/~r\/DancingAstronaut\/~4\/rAWOUpFSEBc\" height=\"1\" width=\"1\" alt=\"\"\/>","protected":false},"excerpt":{"rendered":"<p>Trilantic Capital Partners have finalized their purchase of Pacha Group and all its activities for &euro;350 million.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=\/wp\/v2\/posts\/78182"}],"collection":[{"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78182"}],"version-history":[{"count":1,"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=\/wp\/v2\/posts\/78182\/revisions"}],"predecessor-version":[{"id":78183,"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=\/wp\/v2\/posts\/78182\/revisions\/78183"}],"wp:attachment":[{"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78182"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/earthquakemix.com\/boom\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}