M&A Deal Summary

AccorHotels Acquires G6 Hospitality

On July 13, 1990, AccorHotels acquired leisure company G6 Hospitality for 1.3B USD

Acquisition Highlights
  • This is AccorHotels’ 1st transaction in the Leisure sector.
  • This is AccorHotels’ largest (disclosed) transaction.
  • This is AccorHotels’ 1st transaction in the United States.
  • This is AccorHotels’ 1st transaction in Texas.
Investment Fate
  • G6 Hospitality was divested to a consortium of buyers in 2012 for 1.9B USD.

M&A Deal Summary

Date 1990-07-13
Target G6 Hospitality
Sector Leisure
Buyer(s) AccorHotels
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

G6 Hospitality

Carrollton, Texas, United States
website
G6 Hospitality owns, operates and franchises over 1,300 economy lodging locations under the Motel 6 brand and the Studio 6 Extended Stay brand. G6 Hospitality is based in Carrollton, Texas.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AccorHotels

Issy-les-Moulineaux, France

website


Category Company
Founded 1967
Sector Leisure
Employees15,247
Revenue 4.2B EUR (2022)
DESCRIPTION

Accor is a worldwide provider in the lodging market, with approximately 4,000 hotels and 500,000 rooms, and brands including Sofitel, Novotel, and Motel 6, with significant real estate assets owned and managed. Accor was founded in 1967 and is based in Issy-les-Moulineaux, France.


DEAL STATS #
Overall 1 of 18
Sector (Leisure) 1 of 6
Type (Add-on Acquisition) 1 of 17
State (Texas) 1 of 1
Country (United States) 1 of 3
Year (1990) 1 of 1
Size (of disclosed) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-13 Red Roof Inns

Springfield, Ohio, United States

Red Roof Inns, Inc. is an online booking services for hotels.

Buy $1.1B