M&A Deal Summary

WestBridge Capital Acquires Reside

On December 5, 2017, private equity firm WestBridge Capital acquired real estate company Reside

Acquisition Highlights
  • This is WestBridge Capital’s 1st transaction in the Real Estate sector.
  • This is WestBridge Capital’s 1st transaction in the United States.
  • This is WestBridge Capital’s 1st transaction in Washington.

M&A Deal Summary
Date 2017-12-05
Target Reside
Sector Real Estate
Buyer(s) WestBridge Capital
Deal Type Consolidation

Target

Reside

Woodinville, Washington, United States
website
Reside is providing vetted and flexible accommodations options to global travelers no matter the destination or the duration of their stay. Reside Worldwide owns a variety of hospitality companies, including Reside Management and Reside Properties. Reside was formed in 2017 and is based in Woodinville, Washington.

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Buyer(S) 1

Buyer

WestBridge Capital

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

WestBridge Capital is a generalist investment firm focused on lower middle-market company acquisitions throughout North America. The Firm is industry agnostic and seeks profitable business ($2 to $10 million of EBITDA) with strong management already in place. WestBridge Capital is headquartered in Saskatoon, Saskatchewan.

DEAL STATS #
Overall 5 of 12
Sector (Real Estate) 1 of 1
Type (Consolidation) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 7
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Propulsion Capital

Edmonton, Alberta, Canada

Propulsion Capital is a merchant service company. Propulsion Capital offers unbeatable prices on payment processing, cutting edge equipment, gift card programs, fraud reduction strategies, and more. Propulsion Capital is based in Edmonton, Alberta. ​

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-01 Scopes Facility Services

Cartersville, Georgia, United States

Scopes Facility Services is a provider of comprehensive facility services that cover a broad range of industries, including several of the country’s largest retailers. Scopes Facility Services was founded in 1998 and is based in Cartersville, Georgia.

Buy -
Mergr

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