Whg: Angelo Gordon and Westmont Hospitality Group Acquire Room Mate

Angelo Gordon and Westmont initially invested in Room Mate in April 2022 to support the business and provide it with additional working capital. In order to fully restructure its debt, on June 24, 2022, Room Mate filed for insolvency with Commercial Court No. 14 of Madrid, which today approved the sale of the productive unit to Angelo Gordon in partnership with Westmont.