• Invesco backs Generator

Patron Capital has sold a 23% stake in its Generator hostels business to Invesco in a EUR60m deal. The deal will provide additional funding to help the brand deliver 2015 openings in Paris, Amsterdam and Rome.
Currently Generator has properties open in seven European cities, with 5,200 beds. Patron first invested in Generator in 2007, when the brand had two sites open.
 

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