April 14, 2023 (Oxford, MS) – Addicus Private Equity, LLC announced today that it has made a strategic investment in the Origin Holding Company, LLC, taking indirect ownership in the five hotels included in the fund.  The Origin Hotels are located in Atlanta, GA, Austin, TX, Baton Rouge, LA, Kansas City, MO, and Tulsa, OK. 

The Addicus team was drawn to Origin Hotels because of its unique value proposition — locations positioned in key sub-markets and a level of sophistication targeted for both business and personal travel.  With local charm and renowned customer service, Origin is able to provide an enhanced experience with competitive pricing.

The Thrash Group serves as the developer on the projects.  The Thrash Group’s seasoned team has purchased and/or developed over 164 projects throughout the United States, with a particular focus on the South and Texas. Since 1986, the Thrash family has established an excellent track record of developing and constructing multi-family and hospitality properties.

“We are thrilled to partner with lead investor Abb Payne, CEO of Payne Capital.  Addicus Private Equity was built off assessing our client’s private equity investments and has moved into building out our own unique funds.  The Thrash Group brings immense expertise in this sector making the investment quite attractive.” states Stephen Miles, founder and Chief Global Strategist at Addicus.

“I am excited to see these Origin Hotel Properties come online through the Mysa Hospitality Fund in our partnership with the Thrash Group and Addicus," said Payne.

About Addicus

Addicus is a private wealth management, investment banking, private equity, and tax consulting firm based in Oxford, MS. The world-class investors and advisors at Addicus combine superior financial expertise with an unmatched inventiveness and a ceaseless passion to discover. They are compelled to create opportunities and solutions based on innovative ideas that are aligned with, and in the spirit of, the entrepreneurs and self-made people who make up the clients they serve.

About Origin Hotels

Designed for explorers, by explorers, the Origin Collection brings hotels as unique in personality as they are in place to cities across the country. Serving as a portal into each local scene, Origin allows guests to venture out, connect with one another, and truly experience the local community.

About the Thrash Group

The Thrash Group offers strategic value to their stakeholders and to the communities where they operate. The Thrash Group’s seasoned team has purchased and/or developed over 164 projects throughout the United States, with a particular focus on the South and Texas. Since 1986, the Thrash family has established an excellent track record of developing and constructing multi-family and hospitality properties.

About Payne Capital

Payne Capital is fixated on growth with the power to serve and sustain. They invest time, expertise, and efforts in high-performing individuals and businesses whose growth will benefit communities and individuals. Established and run by Abb Payne, a Mississippi business owner who has, to date, executed four separate sales to publicly traded companies, Payne Capital invests in business leaders who want to grow beyond limits, beyond imagination, and toward the win.

Media Contact:

Mary Alice West, Director of Marketing

maryalice.west@addicusadvisors.com