DTP Infinities Limited has raised funds
DTP Infinities Limited has completed a listing via the reverse takeover of 3Cnergy and raised funding of US$51 million. The company owns a portfolio of assets, predominantly upscale hotels located in key regional cities in the UK, offering a total of 3,383 keys. The hotels are operated under franchise agreements with IHG, Hilton and Marriott.
DTP is owned by DTGPO Corporation, a Thailand-based conglomerate with interests in property development, trading, technology, design, construction, entertainment and communications. Listing their UK-based hospitality assets is part of a longer-term plan to grow overseas and establish a REIT for mature property assets in the future.
Oaklins’ team in Singapore acted as financial advisor, sponsor and placement agent to 3Cnergy in this transaction.
Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreGewiss S.p.A. has completed a mandatory public tender offer for Beghelli S.p.A.
Gewiss S.p.A. has successfully finalized a mandatory public tender offer for Beghelli S.p.A.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn more