M&A Deal Summary |
|
|---|---|
| Date | 2025-09-16 |
| Target | Ace Hotel |
| Sector | Leisure |
| Buyer(s) | Seibu Prince Hotels & Resorts |
| Sellers(s) | Sortis |
| Deal Type | Divestiture |
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Seibu Prince Hotels & Resorts is a hospitality company operating hotels, resorts, and leisure businesses worldwide. Seibu Prince Hotels & Resorts is based in Tokyo, Japan.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Leisure M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Business Services |
| Revenue | 2M USD (2019) |
Sortis is an investment firm with a primary focus on real estate, both as a lender and as a direct investor. From its origins as a bank holding company, Sortis has evolved into a diversified firm that both lends and opportunistically invests in real estate, with a focus on the Western U.S. Since real estate and financial markets are constantly evolving, the firm’s ability to move between asset classes and positions in the capital stack makes it nimbler than its competitors. Sortis is also a developer of real estate through its affiliate companies. Sortis was founded in 1995 and is based in Portland, Oregon.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Leisure M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-17 |
Ace Hotel
New York, New York, United States Ace Hotel is an operator of a hotel as a community gathering space for locals and visitors alike. Ace finds its home in vibrant cities around the globe with its newest locations in Toronto, Canada, Kyoto, Japan, and Sydney, Australia, celebrating the culture, history, and humans that bring them to life. Everybody is welcome. Ace Hotel was founded in 1999 and is based in New York City. |
Buy | $85M |
