M&A Deal Summary

StorageVault Acquires Access Self Storage - 3 Storage Assets

On April 5, 2019, StorageVault acquired real estate company Access Self Storage - 3 Storage Assets from Access Self Storage for 33M USD

Acquisition Highlights
  • This is StorageVault’s 1st transaction in the Real Estate sector.
  • This is StorageVault’s largest (disclosed) transaction.
  • This is StorageVault’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2019-04-05
Target Access Self Storage - 3 Storage Assets
Sector Real Estate
Buyer(s) StorageVault
Sellers(s) Access Self Storage
Deal Type Divestiture
Deal Value 33M USD

Target

Access Self Storage - 3 Storage Assets

United Kingdom
Access Self Storage - 3 Storage Assets provides information and records management business, two stores are located in the Greater Toronto Area, a 4 acre storage lot in London, Ontario.

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Buyer(S) 1

Buyer

StorageVault

Toronto, Ontario, Canada

website


Category Company
Founded 2007
Sector Real Estate
Employees600
Revenue 262M CAD (2022)
DESCRIPTION

StorageVault owns and operates 161 storage locations in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia. StorageVault owns 107 of these locations plus over 4,600 portable storage units representing over 6 million rentable square feet. StorageVault was founded in 2007 and is based in Toronto, Canada.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Access Self Storage

London, United Kingdom

website


Category Company
Founded 1990
Sector Real Estate
DESCRIPTION

Access Self Storage is one of the UK’s major self storage retailers. Access Self Storage operates over 50 multi-purpose sites around the country and offers a variety of flexible services - such as office rental, secure parking, mailboxes, and packaging materials - which are ideal for small businesses and start-ups.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1