M&A Deal Summary

AccorHotels Acquires SBE Entertainment Group

On October 5, 2018, AccorHotels acquired leisure company SBE Entertainment Group from Colony Capital for 319M USD

Acquisition Highlights
  • This is AccorHotels’ 6th transaction in the Leisure sector.
  • This is AccorHotels’ 3rd largest (disclosed) transaction.
  • This is AccorHotels’ 3rd transaction in the United States.
  • This is AccorHotels’ 1st transaction in California.

M&A Deal Summary
Date 2018-10-05
Target SBE Entertainment Group
Sector Leisure
Buyer(s) AccorHotels
Sellers(s) Colony Capital
Deal Type Add-on Acquisition
Deal Value 319M USD
Advisor(s) Pryor Cashman (Legal)

Target

SBE Entertainment Group

Los Angeles, California, United States
SBE Entertainment Group LLC is a developer, manager and operater of hotels, restaurants and nightlife. SBE Entertainment Group was founded in 2002 and is based in Los Angeles, California.

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Buyer(S) 1

Buyer

AccorHotels

Issy-les-Moulineaux, France
Category Company
Founded 1967
Sector Leisure
Employees19,198
Revenue 5.1B EUR (2023)
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 18 of 18
Sector (Leisure) 6 of 6
Type (Add-on Acquisition) 17 of 17
State (California) 1 of 1
Country (United States) 3 of 3
Year (2018) 3 of 3
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-06 Adoria

Paris, France

Adoria is a software platform aimed at corporate and contract catering. Adoria offers centralized solutions for managing tendering, procurement, logistics and production. Adoria was founded in 2003 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-30 Accor Vacation Club

Surfers Paradise, Australia

Accor Vacation Club is an exciting, innovative holiday ownership club offering fantastic choice and flexibility to its Members in a wide variety holiday destinations worldwide. Accor Vacation Club is based in Surfers Paradise, Australia.

Sell $48M

Seller(S) 1

SELLER

Colony Capital

Los Angeles, California, United States

Investor

Category Private Equity Real Estate
Founded 1991
Size Mega
Type Sector Focused
DESCRIPTION

Colony Capital is a global private equity real estate investor. The Firm looks to acquire operating companies backed by real estate including hotels, casinos, and other assets. The Firm was established in 1991 and is headquartered in Los Angeles, California.

DEAL STATS #
Overall 7 of 8
Sector (Leisure) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 4
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-08 etc.venues

London, United Kingdom

etc.venues is a provider of specialist non-residential, city center venues used for training, conferences, events, and meetings. etc.venues was formed in 1992 and is based in London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 Alpine Summit Energy Partners

Nashville, Tennessee, United States

Alpine Summit Energy Partners is an energy investment management platform with a highly experienced technical and operating team to provide direct and unique investor access to oil and gas investment opportunities. Alpine Summit Energy Partners is based in Nashville, Tennessee.

Buy -
Mergr

Product

Company

Legal