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Transactions / 3••••••• H••••• B••••• B••• B••

C••••••• Acquires the 3••••••• H••••• B••••• B••• B••

Platform acquisitionannouncedannounced Apr 9, 2024Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
4 named
Buy side
  • N•••• H••••Deal partnerconfirmed
    N•••• H••••, Senior Managing Director and Head of Real Estate at C•••••••, commented: “B••••• is one of the only true ‘seven-day-a-week’ lodging markets in the U.S., with demand driven by a diverse set of corporate and leisure travelers.
  • M•••••• K•••Deal partnerconfirmed
    Mike K•••, Director at C•••••••, added: “This acquisition aligns with our strategy to acquire high-quality, well-located assets poised to benefit from targeted capital improvements and hands-on asset management.
  • C•••••••, a leading global investment firm focused exclusively on the travel and hospitality industries, today announced its twelfth hotel acquisition.
Side not stated
Evidence
C••••••• Acquires the 3••••••• H••••• B••••• B••• B••