M&A Deal Summary

StayLock Storage Acquires Kilgore Avenue Storage

On February 27, 2019, StayLock Storage acquired real estate company Kilgore Avenue Storage

Acquisition Highlights
  • This is StayLock Storage’s 10th transaction in the Real Estate sector.
  • This is StayLock Storage’s 10th transaction in the United States.
  • This is StayLock Storage’s 3rd transaction in Indiana.

M&A Deal Summary

Date 2019-02-27
Target Kilgore Avenue Storage
Sector Real Estate
Buyer(s) StayLock Storage
Deal Type Add-on Acquisition

Target

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.

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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 10 of 15
Sector (Real Estate) 10 of 15
Type (Add-on Acquisition) 9 of 13
State (Indiana) 3 of 3
Country (United States) 10 of 15
Year (2019) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-04 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-28 Cassat

Cassat, South Carolina, United States

Cassat is a self-storage facility based in Cassat, South Carolina.

Buy -