M&A Deal Summary |
|
|---|---|
| Date | 2021-03-15 |
| Target | Extended Stay America |
| Sector | Leisure |
| Buyer(s) |
The Blackstone Group
Starwood Capital Group |
| Deal Type | Going Private |
| Deal Value | 6.0B USD |
| Advisor(s) | Goldman Sachs (Financial) Fried Frank Harris Shriver & Jacobson (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 131.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 278 of 336 |
| Sector (Leisure) | 16 of 16 |
| Type (Going Private) | 28 of 36 |
| State (North Carolina) | 6 of 6 |
| Country (United States) | 172 of 211 |
| Year (2021) | 4 of 27 |
| Size (of disclosed) | 23 of 172 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-03 |
MTAR Technologies
Hyderabad, India MTAR Technologies produces precision-engineered components for nuclear power, aerospace and defense applications. The company supplies precision engineered components for nuclear power, aerospace and defense applications within India. It also exports precision engineered components for aerospace applications. MTAR Technologies was founded in 1969 and is based in Hyderabad, India. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-18 |
Desotec
Roeselare, Belgium Desotec is an environmental service company focusing on mobile purification solutions mainly based on activated carbon technology. Desotec was founded in 1990 and is based in Roeselare, Belgium. |
Buy | - |
| Category | Private Equity Real Estate |
|---|---|
| Founded | 1991 |
| PE ASSETS | 60.0B USD |
| Size | Mega |
| Type | Sector Focused |
Starwood Capital Group is a privately held global investment management firm that specializes in real estate related investments across North America, Europe, and Asia. Starwood can invest across the capital structure including equity, preferred equity, mezzanine debt and senior debt. Property types of interest include multifamily, office, retail, hotel, industrial, residential and commercial land, mixed-use and golf. Starwood was formed in 1991. The Firm is affiliated with energy investment group, Starwood Energy Group. Starwood Capital is based in Greenwich, Connecticut with additional offices in San Francisco, Washington DC, Atlanta, London, Paris, Luxembourg, Mumbai and Sao Paulo.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 8 |
| Sector (Leisure) | 1 of 1 |
| Type (Going Private) | 2 of 2 |
| State (North Carolina) | 1 of 1 |
| Country (United States) | 4 of 5 |
| Year (2021) | 1 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-25 |
Forestar Group
Arlington, Texas, United States Forestar Group is a residential and mixed-use development company. The Company owns directly or through ventures interest in 55 residential and mixed-use projects comprised of approximately 7,000 acres of real estate located in 11 states and 15 markets. Forestar also owns about 590,000 net acres of oil and gas fee minerals, principally in Texas, Louisiana, Alabama and Georgia. Forestar Group was founded in 1954 and is based in Arlington, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-29 |
Land Tejas
Houston, Texas, United States Land Tejas is a residential development company. Land Tejas was founded in 1997 and is based in Houston, Texas. |
Buy | - |
