M&A Deal Summary

AHIP Acquires Lodging Enterprises

On March 1, 2013, AHIP acquired restaurant Lodging Enterprises from Seidler Equity Partners for 128M USD

Acquisition Highlights
  • This is AHIP’s 1st transaction in the Restaurants sector.
  • This is AHIP’s largest (disclosed) transaction.
  • This is AHIP’s 1st transaction in the United States.
  • This is AHIP’s 1st transaction in Kansas.

M&A Deal Summary
Date 2013-03-01
Target Lodging Enterprises
Sector Restaurants
Buyer(s) AHIP
Sellers(s) Seidler Equity Partners
Deal Type Add-on Acquisition
Deal Value 128M USD

Target

Lodging Enterprises

Wichita, Kansas, United States
Lodging Enterprises, LLC is a hotel management and operating company that provides lodging services to employees of Class I railroad operators, including Union Pacific, BNSF, CSX, and Canadian Pacifi

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Buyer(S) 1

Buyer

AHIP

Vancouver, British Columbia, Canada
Category Company
Sector Real Estate
Revenue 280M USD (2023)
DESCRIPTION

AHIP is a limited partnership formed under the Limited Partnerships Act (Ontario) to invest in hotel real estate properties located substantially in the United States and engaged primarily in the railway employee accommodation, transportation, and contract-focused lodging sectors. AHIP is based in Vancouver, Canada.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Seidler Equity Partners

Marina del Rey, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Seidler Equity Partners is a mid-market private equity firm focused on partnering with business owners and management to help build market-leading companies. Seidler will consider funding growth financings, family business transitions, owner-operator recapitalizations, management buyouts, liquidity for estate planning, and traditional buyouts. Seidler looks to invest in businesses with a proven track record and opportunities for growth. Prospective companies typically have minimum revenue of $25 million and EBITDA between $5 and $50 million. Seidler is a generalist firm and will consider investments across a wide range of industries, including manufacturing, service, and distributors. Seidler Equity Partners was formed in 1999 and is based in Marina del Rey, California.

DEAL STATS #
Overall 12 of 23
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 4 of 6
State (Kansas) 2 of 2
Country (United States) 12 of 23
Year (2013) 2 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-01 JACAM Chemicals

Sterling, Kansas, United States

JACAM Chemicals is provides service, quality and product performance in the chemical industry while maintaining the highest standards of ethics, honesty and integrity.JACAM uses responsible manufacturing processes to ensure the production of consistent, quality products for its customers without affecting the environment. JACAM is a non-hazardous waste generator. All wash and rinse materials are recycled as makeup fluids in future production cycles.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-07 Paragon Medical

Pierceton, Indiana, United States

Paragon Medical, Inc. is a provider of medical devices used in orthopedic surgical procedures. Paragon manufactures trays and cases for use in surgical delivery systems, surgical instruments, and precision manufactured implants for orthopedic medical device original equipment manufacturers. Paragon Medical was founded in 1991 and is based in Pierceton, Indiana.

Sell -
Mergr

Product

Company

Legal