SMG Holding takes European lifestyle group Sircle Hospitality Group public
SMG Holding, an IPO sponsor and investor focused on the European medium-sized business sector, announces the listing of Sircle Hospitality Group, a European lifestyle hospitality group (“Sircle Hospitality Group”). Following the listing, the company has an expected market capitalization of around EUR 250 million with a total value of the hotel real estate portfolio of over EUR 400 million. Sircle Hospitality Group intends to use the funds for growth investments and the expansion of the hotel portfolio. The listing of Sircle Hospitality Group on the regulated market of the Frankfurt Stock E...