Sortis Holdings Signs Definitive Agreement to Acquire Ace Hotel Group
PORTLAND, Ore., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Sortis Holdings, Inc. (OTC: SOHI) (the “Company” or “Sortis”) — an ecosystem of innovative, experiential hospitality brands — has entered into a definitive agreement to acquire Ace Group International , along with its management company, Atelier Ace.
- PORTLAND, Ore., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Sortis Holdings, Inc. (OTC: SOHI) (the “Company” or “Sortis”) — an ecosystem of innovative, experiential hospitality brands — has entered into a definitive agreement to acquire Ace Group International , along with its management company, Atelier Ace.
- With the acquisition, Sortis Holdings, Inc. will be ushering in a new chapter for the iconic brand in an era of cultural collaboration, innovation, and conscious growth, for both the company and the Ace Hotel brand at large.
- Prior to joining Sortis in 2021, she was a partner at the Ace Hotel Group and has been a key player in the Ace Hotel brand since shortly after its inception, leading its boundary-breaking creativity and success.
- The combined entity of Ace Group International and Sortis Holdings will have 15 hotels under management and a robust pipeline.