M&A Deal Summary

AccorHotels Acquires Fairmont Hotels & Resorts

On July 12, 2016, AccorHotels acquired leisure company Fairmont Hotels & Resorts from Colony Capital

Acquisition Highlights
  • This is AccorHotels’ 5th transaction in the Leisure sector.
  • This is AccorHotels’ 1st transaction in Canada.
  • This is AccorHotels’ 1st transaction in Ontario.

M&A Deal Summary
Date 2016-07-12
Target Fairmont Hotels & Resorts
Sector Leisure
Buyer(s) AccorHotels
Sellers(s) Colony Capital
Deal Type Add-on Acquisition

Target

Fairmont Hotels & Resorts

Toronto, Ontario, Canada
Fairmont Hotels & Resorts is an owner and operator of luxury hotels and resorts in North America. Its diverse portfolio includes historic icons, elegant resorts and modern city center properties. Fairmont Hotels & Resorts was formed in 1907 and is based in Toronto, Ontario.

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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 12 of 18
Sector (Leisure) 5 of 6
Type (Add-on Acquisition) 11 of 17
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 Lifealike

London, United Kingdom

onefinestay is an online portal that provides hotel booking. onefinestay provides an Airbnb for high-end homes combined with a hotel-like service for hosts and travelers.

Buy £117M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 VeryChic SAS

Paris, France

VeryChic SAS is a digital platform for the private sale of hotel rooms, apartments, cruises, breaks and packages. VeryChic SAS was established in 2011 and is headquartered in Paris, France.

Buy -

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 5 of 8
Sector (Leisure) 1 of 2
Type (Add-on Acquisition) 2 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-29 BUT

Emerainville, France

BUT is a home equipment retailers in France, operating through a network of more than 300 stores. The Company offers a comprehensive selection of furniture, appliances, and decorative products, all complemented by attractive financing and extended warranty services. BUT was founded in 1972 and is based in Emerainville, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-24 Carrefour

Massy, France

Carrefour is a global food retailer. The Company operates more than 12,000 stores located in 29 countries. Carrefour was founded in 1959 and is based in Massy, France.

Sell -
Mergr

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