M&A Deal Summary |
|
|---|---|
| Date | 2022-06-15 |
| Target | Delta Hotels Virginia Beach Bayfront Suites |
| Sector | Leisure |
| Buyer(s) | Paceline Equity Partners |
| Sellers(s) | Marriott |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 2018 |
| PE ASSETS | 350M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Paceline is a private equity manager focused on value-oriented and special situations investments across real assets, corporate debt, and private equity in all market environments. Paceline’s investment focus is on situational and event-driven circumstances. Paceline Equity Partners was formed in 2018 and is headquartered in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector (Leisure) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 6 of 6 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-10 |
AHF Products
Mountville, Pennsylvania, United States AHF Products manufactures solid and engineered hardwood flooring products that are sold through full-line flooring distributors, big-box home centers, national flooring retailers, and hardwood specialty distributors under the well-known brand names of Armstrong, Bruce, Capella, Homerwood, Robbins, and T. Morton. AHF Products was founded in 2019 and is based in Mountville, Pennsylvania. |
Buy | - |
Marriott is a worldwide operator, franchisor, and licensor of hotels and timeshare properties under numerous brand names at different price and service points. Marriott also operates, markets, and develops residential properties and provide services to home/condominium owner associations. Marriott was formed in 1927 and is based in Bethesda, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector (Leisure) | 2 of 4 |
| Type (Divestiture) | 2 of 4 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 3 of 5 |
| Year (2022) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-18 |
Elegant Hotels Group
Saint James Parish, Barbados Elegant Hotels Group Plc is an upscale hotel operator in Barbados, with five hotels representing almost 25% of all upscale rooms on the island. The group also includes the renowned Daphne's restaurant. |
Buy | $199M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-12 |
Residence Inn Houston-West University
Houston, Texas, United States Residence Inn Houston-West University offers 120 spacious suites for the longer stay traveler with home-like amenities to ensure they can continue their daily routine on the road. Each suite has separate living and sleeping areas, fully equipped kitchens, and will accommodate guests for a few days or a few weeks, or longer. The hotel also offers complimentary grocery shopping service. Residence Inn Houston-West University is based in Houston, Texas. |
Sell | - |
