M&A Deal Summary

StayLock Storage Acquires BinTris Moving and Storage

On December 4, 2018, StayLock Storage acquired real estate company BinTris Moving and Storage

Acquisition Highlights
  • This is StayLock Storage’s 9th transaction in the Real Estate sector.
  • This is StayLock Storage’s 9th transaction in the United States.
  • This is StayLock Storage’s 1st transaction in Michigan.

M&A Deal Summary
Date 2018-12-04
Target BinTris Moving and Storage
Sector Real Estate
Buyer(s) StayLock Storage
Deal Type Add-on Acquisition

Target

BinTris Moving and Storage

Stevensville, Michigan, United States
BinTris operates four storage locations in the St. Joseph, Michigan area. BinTris has 1,055 units amounting to 124,000 square feet of storage space. Units are well lighted, highly secure, and include some with climate-controlled environments.

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Buyer(S) 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 STATS #
Overall 9 of 15
Sector (Real Estate) 9 of 15
Type (Add-on Acquisition) 8 of 13
State (Michigan) 1 of 2
Country (United States) 9 of 15
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-29 Mini Storage Depot - Four Locations

Fort Wayne, Indiana, United States

Mini Storage Depot - Four Locations feature 1,871 storage units with 227,790 square feet of rentable storage space. This brings StayLock’s total rentable storage space in northern Indiana to more than 680,000 square feet and more than 4,200 storage units.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-27 Kilgore Avenue Storage

Muncie, Indiana, United States

Kilgore Avenue Storage is a provider of standard plus climate-controlled storage units of various sizes, to U-Haul trucks and trailers, and moving/packing supplies. Kilgore Avenue Storage is based in Muncie, Indiana.

Buy -
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