A lineup of international and elite French firms has concluded the multibillion-euro restructuring of a five-star hospitality company in France—part of an upswing in private equity-linked restructuring work as companies regroup for the post-pandemic era.

Groupe Barrière, a 111-year-old, family-controlled enterprise that owns and operates luxury properties under the Barrière and Fouquet’s brands, is consolidating its ownership among several family companies.