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SBE Recapitalizes at a $350 Million Valuation

SBE Recapitalizes at a $350 Million Valuation

SBE and Cain Hoy Enterprises announced a strategic investment partnership following a recapitalization of SBE, which set an enterprise valuation of $350 million for the hospitality, entertainment, and real estate development company. In addition to the investment, SBE and Cain ...

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ADP Small Business Report: 101,000 Jobs Added in November

ADP Small Business Report: 101,000 Jobs Added in November

Private sector small business employment increased by 101,000 jobs from October to November, according to the ADP Small Business Report. This accounted for nearly half of employment gains across all payroll size groups. Within small businesses, 48 percent of the ...

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KSL Capital Partners Acquires Village Urban Resorts

KSL Capital Partners Acquires Village Urban Resorts

Denver-based private equity firm KSL Capital Partners has acquired Village Urban Resorts from De Vere Group. Village, a U.K. hotel and lifestyle company, has 25 existing properties and three new properties under development in Aberdeen, Glasgow, and Edinburgh. KSL intends ...

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Roomer Raises $5 Million in Funding

Roomer Raises $5 Million in Funding

Roomer, a secondary market for nonrefundable hotel reservations, has raised $5 million in a Series A equity investment round. Founded in 2011, the startup, which is basically like a StubHub for hotels rooms, will use the $5 million in funding ...

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