Add-on Acquisition • Real Estate

StayLock Storage Acquires Beard Realty Storage Center

On November 18, 2016, StayLock Storage acquired real estate company Beard Realty Storage Center

Acquisition Context
  • This is StayLock Storage’s 3rd transaction in the Real Estate sector.
  • This is StayLock Storage’s 3rd transaction in the United States.
  • This is StayLock Storage’s 2nd transaction in South Carolina.

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M&A Deal Summary

Date November 18, 2016
Target Beard Realty Storage Center
Sector Real Estate
Buyer(s) StayLock Storage
Deal Type Add-on Acquisition

Target Company

Beard Realty Storage Center

Camden, South Carolina, United States
Beard Realty Storage Center (Beard Storage) is a provider of self storage space in the Camden, South Carolina area. The facility offers 40,278 total square feet of rentable space in its three locations.
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Buyer Overview 1

Buyer

StayLock Storage

St. Louis, Missouri, United States

Category Company
Founded 2016
Sector Real Estate
DESCRIPTION

StayLock Storage is a provider of self-storage, under the StayLock banner. The facilities feature 916 non-climate controlled storage units and 37 spaces for boat and vehicle parking with five locations in Northwest Indiana. Locations include Demotte, Hebron, Kouts, Wheatfield, and Winfield (Lake of the Four Seasons), Indiana. StayLock Storage was founded in 2016 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 3 of 15
Sector: Real Estate 3 of 15
Type: Add-on Acquisition 3 of 13
State: South Carolina 2 of 6
Country: United States 3 of 15
Year: 2016 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Hartsville Mini Storage

Hartsville, South Carolina, United States

Hartsville Mini Storage is a provider of self storage in the Hartsville, South Carolina area. The facility features 717 regular and climate-controlled storage units over seven locations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-22 Kwik Storage

Rock Hill, South Carolina, United States

Kwik Storage is a provider of self storage in the Rock Hill, South Carolina area. The facilities feature 187 climate controlled and non-climate controlled storage units. The facilities are accessible to customers 24 hours a day, seven days a week.

Buy -