Pacha Group’s clubs and hotels sold to Dubai holdings company for €320m (Resident Advisor)
The running of the nightlife conglomerate will be split between FIVE Holdings and existing owners Trilantic Capital Partners Dubai-based company FIVE Holdings has acquired a €320 million stake in Pacha Group, Diario De Ibiza reports. Kabir Mulchandani, CEO of FIVE Holdings, struck the deal with the nightlife conglomerate's existing owners, Trilantic Capital Partners. [...]