M&A Deal Summary

The Blackstone Group Acquires G6 Hospitality

On May 22, 2012, private equity firm The Blackstone Group acquired leisure company G6 Hospitality from AccorHotels for 1.9B USD

Acquisition Highlights
  • This is The Blackstone Group’s 12th transaction in the Leisure sector.
  • This is The Blackstone Group’s 59th largest (disclosed) transaction.
  • This is The Blackstone Group’s 101st transaction in the United States.
  • This is The Blackstone Group’s 16th transaction in Texas.

M&A Deal Summary

Date 2012-05-22
Target G6 Hospitality
Sector Leisure
Buyer(s) The Blackstone Group
Sellers(s) AccorHotels
Deal Type Divestiture
Deal Value 1.9B USD

Target

G6 Hospitality

Carrollton, Texas, United States
website
G6 Hospitality owns, operates and franchises over 1,300 economy lodging locations under the Motel 6 brand and the Studio 6 Extended Stay brand. G6 Hospitality is based in Carrollton, Texas.

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Buyer(S) 1

Buyer

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1987
PE ASSETS 131.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.


DEAL STATS #
Overall 156 of 320
Sector (Leisure) 12 of 16
Type (Divestiture) 13 of 32
State (Texas) 16 of 32
Country (United States) 101 of 202
Year (2012) 1 of 6
Size (of disclosed) 59 of 167
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-05 Ariel Re

Hamilton, Bermuda

Ariel Re is a reinsurance company based in Bermuda that underwrites a global portfolio of insurance and reinsurance business through offices in London, Bermuda, Atlanta and Kansas City. Ariel Re was founded in 2005 and is based in Hamilton, Bermuda.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-22 Klockner Pentaplast

Heiligenroth, Germany

Klockner Pentaplast is a producer of films for pharmaceutical, medical device, food, electronics, and general-purpose thermoform packaging, as well as printing and specialty applications. Klockner Pentaplast was founded in 1965 and is based in Heiligenroth, Germany.

Sell -

Seller(S) 1

SELLER

AccorHotels

Issy-les-Moulineaux, France

website


Category Company
Founded 1967
Sector Leisure
Employees15,247
Revenue 4.2B EUR (2022)
DESCRIPTION

Accor is a worldwide provider in the lodging market, with approximately 4,000 hotels and 500,000 rooms, and brands including Sofitel, Novotel, and Motel 6, with significant real estate assets owned and managed. Accor was founded in 1967 and is based in Issy-les-Moulineaux, France.


DEAL STATS #
Overall 1 of 2
Sector (Leisure) 1 of 2
Type (Divestiture) 1 of 2
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-10 Serial

Italy

Serial is an Italian meal voucher company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 Mama Shelter

Paris, France

Mama Shelter is a creator and choreographs lively accommodation and restaurant facilities on a daily basis. It already boasts 633 rooms, five restaurants.

Buy -