M&A Deal Summary

Linchris Hotel Acquires Hotel Providence

On December 18, 2015, Linchris Hotel acquired leisure company Hotel Providence

Acquisition Highlights
  • This is Linchris Hotel’s 1st transaction in the Leisure sector.
  • This is Linchris Hotel’s 1st transaction in the United States.
  • This is Linchris Hotel’s 1st transaction in Rhode Island.

M&A Deal Summary

Date 2015-12-18
Target Hotel Providence
Sector Leisure
Buyer(s) Linchris Hotel
Deal Type Add-on Acquisition

Target

Hotel Providence

Providence, Rhode Island, United States
Hotel Providence owns and operates a chain hotels.

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Buyer(S) 1

Buyer

Linchris Hotel

Hanover, Massachusetts, United States

Category Company
Founded 1985
Sector Leisure
DESCRIPTION

Linchris Hotel Corp. is a hotel management company that offers hospitality industry financial management and strategic hotel marketing services.


DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1