Investment Summary |
|
|---|---|
| Date | 2019-11-11 |
| Target | Keys Hotels |
| Sector | Leisure |
| Investor(s) | Lemon Tree Hotels |
| Sellers(s) | Berggruen Holdings |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1992 |
| Sector | Leisure |
| Employees | 5,621 |
| Revenue | 12.0B INR (2025) |
Lemon Tree Hotels is a mid-market hotel company with two main hotel brands, Lemon Tree and Red Fox. The company primarily targets business travelers looking for a high-quality product and efficient service at a moderate price. Red Fox is a budget hotel company targeting budget-conscious business and leisure travelers by offering clean, comfortable and reliable limited-service hotel rooms. Lemon Tree Hotels was founded in 1992 and is based in New Delhi, India.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Leisure M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: India M&A | 2 of 2 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-27 |
Hamstede Living
Delhi, India Hamstede Living is a co-living platform offering affordable community-style housing geared towards young professionals and students. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Berggruen Holdings, Inc. is a private holding company that seeks investments in private equity, real estate, alternative energy, stocks and bonds, hedge funds, and other private equity funds. Berggruen's direct private equity group targets investments in mid-market, cash-flow positive businesses operating in a wide variety of industries. The Firm can invest up to $200 million per transaction and will consider opportunities in the US, Europe, Asia, and other emerging markets. Berggruen Holdings looks to partner with management teams when pursuing opportunities. Berggruen Holdings, Inc. was established in 1986 and has offices in New York, Los Angeles, London, Berlin, Tel Aviv, Mumbai, and Istanbul.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Leisure M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| Country: India M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-24 |
Phenomenon
Los Angeles, California, United States Human Standard is a business transformation agency offering strategic deep expertise across a range of disciplines: business & strategic consulting, creative, design, innovation, products & services and communications. Human Standard was founded in 2006 and is based in Los Angeles, California. |
Buy | - |
