Latham & Watkins and Rebaza, Alcázar & De Las Casas advised on the deal
Selina, one of Fast Company’s 2019 Most Innovative Companies, has raised $100 million in a Series C financing round, bringing the company’s total funding to $225 million to date. Led by Access Industries, with participation from Grupo Wiese and existing investors Colony Latam Partners, this funding round positions Selina as the next billion dollar hospitality startup.
Launched in 2015, Selina has rapidly expanded across the globe and currently operates 46 locations in 13 countries, with over 22,000 beds open or under conversion. Combining private and shared accommodation with coworking facilities, food and beverage offerings, wellness, retail and local experiences, the design and tech-centric brand is aiming to have 130,000 beds and over 400 properties by 2023, as it builds a foundation for the growing digital nomad and remote work categories.
Latham & Watkins advised Selina with Robbie McLaren (Picture), David L. Concannon and Jon Fox.
Rebaza, Alcázar & De Las Casas Abogados advised Wiese Group with Luis Miguel Elías, Camilo Maruy, Víctor Valdez and María Fernanda Gadea.
Involved fees earner: David Concannon – Latham & Watkins; Jon Fox – Latham & Watkins; Robbie McLaren – Latham & Watkins; Luis Miguel Elías – Rebaza Alcazar & De Las Casas Abogados Financieros; María Fernanda Gadea – Rebaza Alcazar & De Las Casas Abogados Financieros; Camilo Maruy – Rebaza Alcazar & De Las Casas Abogados Financieros; Víctor Valdez – Rebaza Alcazar & De Las Casas Abogados Financieros;