KSL Capital Partners Takes Significant Minority Stake in Soneva

KSL Capital Partners Takes Significant Minority Stake in Soneva

Luxury resort chain Soneva, announces a partnership with US-Based private-equity firm, KSL Capital Partners.

Soneva has announced that an affiliate of KSL Capital Partners, LLC has taken a significant minority stake in the company. The partnership with KSL underscores the attractiveness of the Soneva brand and will support the company’s short- and long-term development goals.

As part of KSL’s investment, Sailing Capital, which had invested in Soneva in 2014, redeemed its investment in Soneva. With the support of Sailing Capital, Soneva was able to expand its portfolio in the Maldives.

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This included the 2016 opening of the award-winning Soneva Jani Resort, which firmly re-established Soneva as a leader in the overwater villa market with its stunning design and architecture.

Tina Yu, a principal at KSL, said: “The more we have gotten to know Soneva, the more excited we are about the opportunities to help Soneva grow. At KSL, we invest solely in travel and leisure, and we recognize the power of the Soneva brand platform in the expanding market for luxury experiential travel.”

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Soneva has 25 years of experience operating at the very highest level and have been pioneers in creating extraordinary authentic experiences for their guests. We look forward to a long and successful partnership with Soneva and its management team.

Soneva was founded in 1995 by Sonu Shivdasani and Eva Malmström Shivdasani.

“We are immensely grateful to Sailing Capital for the faith it showed in Soneva and our management team. Sailing has been instrumental in our success to date” said Mr Shivdasani. “We are delighted to welcome KSL as our partner in Soneva. We have many exciting plans, and I cannot imagine better partners to help execute the next stage of Soneva’s growth.”

For more information on Soneva, visit their official website here.

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