M&A Deal Summary

Lindsay Goldberg Acquires stayAPT Suites

On January 14, 2019, private equity firm Lindsay Goldberg acquired leisure company stayAPT Suites

Acquisition Highlights
  • This is Lindsay Goldberg’s 2nd transaction in the Leisure sector.
  • This is Lindsay Goldberg’s 33rd transaction in the United States.
  • This is Lindsay Goldberg’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2019-01-14
Target stayAPT Suites
Sector Leisure
Buyer(s) Lindsay Goldberg
Deal Type Buyout (LBO, MBO, MBI)

Target

stayAPT Suites

Matthews, North Carolina, United States
stayAPT Suites is an owner, operator and franchisor of extended stay hotels located primarily in the Southeastern United States with hotels that offer fully furnished apartment-style suites that target long-term, economy-minded travelers. stayAPT Suites is based in Matthews, North Carolina.

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Buyer(S) 1

Buyer

Lindsay Goldberg

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 17.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Lindsay Goldberg is a large private equity firm that targets investments in traditional, basic industries. Lindsay looks to commit $50 to $250 million per transaction in sectors that include basic & commodity manufacturing, financial services, food, and distribution. Lindsay looks to partner with management in pursuing transactions. Lindsay Goldberg was formerly known as Lindsay Goldberg & Bessemer. The Firm was formed in 2001 and is based in New York City.


DEAL STATS #
Overall 43 of 57
Sector (Leisure) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 18 of 24
State (North Carolina) 2 of 3
Country (United States) 33 of 46
Year (2019) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-31 Pixelle Specialty Solutions

Spring Grove, Pennsylvania, United States

Pixelle Specialty Solutions is a provider of specialty papers and engineered materials, offering innovation, world-class service and over a century and a half of technical expertise. Pixelle Specialty Solutions was founded in 2018 and is based in Spring Grove, Pennsylvania.

Buy $360M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-17 Creation Technologies

Boston, Massachusetts, United States

Creation Technologies is an electronic manufacturing service (EMS) company focused on providing high-mix, high-complexity start-to-finish manufacturing, and supply chain solutions to companies in the industrial controls, instrumentation, medical, communications, transportation, and safety & security industries. Creation operates seven manufacturing business units in British Columbia, Ontario, California, Texas and Wisconsin. Creation Technologies was founded in 1991 and is based in Boston, Massachusetts.

Buy -