 In January 2015, under guidance from investment bank UBS, KSL sought prospective buyers for Malmaison and the Hotel du Vin chain (HDV).Private equity firms, Terra Firma Capital Partners and TDR Capital, were identified by Sky News in March 2015 as being two of three bidders for the chain.Four months later in June 2015, the chain along with Hotel du Vin was sold to Frasers Hospitality of Frasers Property Group for £363.4 million.