Safestay has acquired 1 company.
Safestay’s largest acquisition to date was in 2017, when it acquired U HOSTELS Albergues Juveniles S.L. for $3M. The Company’s most targeted sectors include leisure (100%).
1a Kingsley Way,
London,
N2 0FW
United Kingdom,
+44 20 8815 1600
www.safestay.com
| Date | Target |
Value
$mlns |
Transaction Type | Acquirer | Seller |
SRC
Link |
|---|---|---|---|---|---|---|
| 2017-05-22 |
U HOSTELS Albergues Juveniles, S.L. · Leisure
Madrid, Spain · www.en.uhostels.com U HOSTELS Albergues Juveniles, S.L. includes three leasehold properties, A 226 bed luxury hostel located in the heart of Madrid, operating since 2013 under the U Hostels brand with a 15 year lease. An apartment block situated next to the Madrid hostel. This block is made up of 14-one bedroom and 20-two bedroom apartments which are currently being renovated and will open during 2018. The apartments will be managed by the hostel management team. A 2,300 sqm building in Montmartre, Paris with 2017 planning for conversion into a circa 260 bed hostel. The building is ideally located to become a Safestay hostel, it has a 12+12 year lease effective from the opening of the hostel. |
3 | Add-on Acquisition | - |
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