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  6. Arcapita Acquires Clemson Lofts

M&A Deal Summary

Arcapita Acquires Clemson Lofts

On February 1, 2021, asset manager Arcapita acquired real estate company Clemson Lofts for 120M USD

Acquisition Highlights
  • This is Arcapita’s 1st transaction in the Real Estate sector.
  • This is Arcapita’s 6th largest (disclosed) transaction.
  • This is Arcapita’s 31st transaction in the United States.
  • This is Arcapita’s 2nd transaction in South Carolina.
Investment Fate
  • Clemson Lofts was sold to a strategic buyer in 2023.

M&A Deal Summary
Date 2021-02-01
Target Clemson Lofts
Sector Real Estate
Buyer(s) Arcapita
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 120M USD

Target

Clemson Lofts

Clemson, South Carolina, United States
Clemson Lofts is a 640-bed student housing property located approximately one mile away from Clemson University, the second-largest university in South Carolina and one of the top 30 public universities in the United States. Clemson Lofts is based in Clemson, South Carolina.

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Buyer(S) 1

Buyer

Arcapita

Manama, Bahrain

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1997
Size Mega
Type Sector Agnostic
DESCRIPTION

Arcapita is a private investment firm with separate investment disciplines spanning venture capital, corporate investment, real estate, and asset-based investments. Arcapita's Corporate Investment practice looks to acquire controlling interests in established companies valued between $50 million and $500 million. Sectors of interest include consumer products/services, healthcare, energy, technology, and manufacturing. Arcapita's infrastructure team looks to invest $50 to $300 million in energy, water, and transportation assets. The Firm will consider opportunities around the globe; including the United States, Latin America, Russia, China, Europe, Middle-East, and India. Arcapita was formed 1997 and has offices in Manama, Bahrain; Atlanta, Georgia; London; and Singapore.

DEAL STATS #
Overall 45 of 47
Sector: Real Estate M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 28 of 28
State: South Carolina M&A 2 of 2
Country: United States M&A 31 of 32
Year: 2021 M&A 1 of 1
Size (of disclosed) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-17 NAS

Abu Dhabi, United Arab Emirates

NAS is a GCC provider of outsourced health insurance processing services. NAS provides its customers a comprehensive network of more than 7,200 healthcare providers across the GCC region, the Middle East, and India, as well as a complete suite of outsourcing and state-of-the-art IT solutions in the field of healthcare benefits administration. NAS was founded in 2002 and is based in Abu Dhabi, United Arab Emirates.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Stratus Unlimited

Mentor, Ohio, United States

Stratus Unlimited is a provider of signage and lighting services to customers across the US through a highly-scalable, vendor-managed, and asset-light business model. Stratus Unlimited was founded in 1953 and is based in Mentor, Ohio.

Sell -
Mergr

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