M&A Deal Summary

Fibra Inn Acquires Hotel Casa Grande Ciudad Juarez

On April 26, 2016, Fibra Inn acquired leisure company Hotel Casa Grande Ciudad Juarez for 7M USD

Acquisition Highlights
  • This is Fibra Inn’s 1st transaction in the Leisure sector.
  • This is Fibra Inn’s largest (disclosed) transaction.
  • This is Fibra Inn’s 1st transaction in Mexico.

M&A Deal Summary
Date 2016-04-26
Target Hotel Casa Grande Ciudad Juarez
Sector Leisure
Buyer(s) Fibra Inn
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Hotel Casa Grande Ciudad Juarez

Ciudad Juárez, Mexico
Casa Grande Ciudad Juarez offers lodging services. The hotel currently has 145 rooms and operates in the full-service segment.

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Buyer(S) 1

Buyer

Fibra Inn

Nuevo León, Mexico
Category Company
Founded 2003
Sector Real Estate
DESCRIPTION

Fibra Inn is a Mexican trust formed primarily to acquire, develop, operate and rent a broad range of hotel properties in Mexico aimed at the business traveler. The Company has signed franchise, license and brand usage agreements with international hotel brands for the operation of global brands as well as the operation of national brands. Additionally, the Company has development agreements. These hotels enjoy some of the industry’s top loyalty programs.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Mexico) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
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