Investment Years: 2005 & 2010

Sector: Tourism

B&B is a French leading operator in the low-cost hotel industry.

Montefiore Investment was an investor in B&B Hotels for ten years, across two successive growth LBOs, as a strategic shareholder.

Between 2005 and 2010, alongside Eurazeo and management, Montefiore Investment supported the repositioning of B&B’s offering and brand to build the reference player of “Econochic” hotels in France.

Between 2010 and 2015, alongside Carlyle and management, Montefiore Investment further supported the growth acceleration of B&B outside France, (Germany, Italy, Spain…)

B&B Hotels was sold to Carlyle in 2016.


  • The Carlyle Group and Montefiore Investment in exclusive negotiations for the sale of B&B Hotels 15 December 2015
  • B&B grows in Brazil and China (in French) 23 March 2015