The deal, in partnership with The Pig co-founder Robin Hutson, will see Hutson continue as chairman of the company and retain a stake in the business.Tom Ross, previously group operations director, has taken on the role of managing director.
With KSL’s backing, the company says it will seek to add additional Pig hotels through the acquisition and development of complementary properties throughout the UK.
“Having been admirers of what Robin has built over the last decade, we could not be more excited to work hand-in-hand with him and the entire team, and to help continue the growth of The Pig,” says Tina Yu, principal at KSL Capital Partners.
“The team at The Pig has created something truly unique and exceptional: hotels set in the English countryside which are dedicated to providing genuine hospitality and are at the forefront of environmental responsibility.
“We look forward to being part of this journey and supporting the management team.”
Since being founded in 2011, The Pig Hotels group has grown steadily and now operates eight in the countryside throughout southern England. These include venues in Hampshire , Somerset, Dorset, Devon, Kent, Cornwall and West Sussex.
“This is an exciting opportunity for us all at The Pig to focus on the future with an experienced team specialising in hospitality,” says Hutson.
“KSL invests in some of the most iconic and well-known hotels in the world and has had great success preserving what makes each asset unique.
“The investment will allow us to continue to grow and expand our collection, while offering our guests the same home away from home quality they expect at each of our hotels.”