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Equity International exited its investment in SAMHI Hotels after a 14-year partnership. The firm began investing in SAMHI in 2011 and helped the company grow into a leading hotel platform in India, operating 34 hotels under international brands with three more under development. The exit was completed in three phases: 49.8% of its stake was sold during SAMHI's IPO in September 2023, 27% in March 2024, and the remaining 23.2%, equal to 8,721,414 shares, was sold in April 2025. The final sale ends Equity International's involvement, in line with its strategy of disciplined monetisation, and SAMHI is now positioned for continued growth.
Background Equity International Management, LLC (Equity International), a private equity firm, first invested in SAMHI Hotels Limited (SAMHI) back in 2011 when the company was just a business idea. Over the years, Equity International became the largest shareholder of SAMHI and played a key role in helping it grow into one of India's notable hotel ownership and asset management platforms. SAMHI owns and operates hotels under well-known global brands such as Courtyard by Marriott, Fairfield by Marriott, Hyatt Regency, Hyatt Place, Sheraton, and Holiday Inn Express.
Today, SAMHI owns 34 hotels across 13 Indian cities and has three more under development, representing a total of over 5,500 rooms (or 'keys'), including around 700 still in progress. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), trading under the symbol SAMHI.
On April 29, 2025, Equity International officially sold off its remaining stake in SAMHI Hotels, ending a 14-year investment journey. The shares were held through its affiliated entity, Blue Chandra Pte. Ltd. This final transaction marks the complete exit of Equity International from SAMHI.
The exit by Equity International was carried out in three phases. The first major step took place in September 2023, when approximately 49.8% of its equity in SAMHI was sold during the company's Initial Public Offering (IPO). This was followed by another sale in March 2024, where 27% of its original stake was divested. Finally, the remaining 23.2%-equivalent to 8,721,414 shares-was sold on April 29, 2025, marking the complete exit of Equity International from SAMHI Hotels.
This move is part of Equity International's regular portfolio management strategy, where it gradually exits its investments after helping companies scale and mature.
With the exit completed, SAMHI now moves ahead independently, having transitioned from a startup to a sizable hotel platform. Equity International, meanwhile, continues to pursue its disciplined investment and monetisation approach, closing another chapter in its global portfolio.
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