M&A Deal Summary

StayLock Storage Acquires Southside Mini Storage

On November 19, 2019, StayLock Storage acquired real estate company Southside Mini Storage

Acquisition Highlights
  • This is StayLock Storage’s 15th transaction in the Real Estate sector.
  • This is StayLock Storage’s 15th transaction in the United States.
  • This is StayLock Storage’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2019-11-19
Target Southside Mini Storage
Sector Real Estate
Buyer(s) StayLock Storage
Deal Type Add-on Acquisition

Target

Southside Mini Storage

Charles, Louisiana, United States
Southside Mini Storage offers clean facilities secured with perimeter fencing and a limited access gate system. The site offers drive-up storage units, indoor units, and outdoor RV, car, and boat parking spaces.

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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 15 of 15
Sector: Real Estate M&A 15 of 15
Type: Add-on Acquisition M&A Deals 13 of 13
State: Louisiana M&A 1 of 1
Country: United States M&A 15 of 15
Year: 2019 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-15 Assured Storage

Simpsonville, South Carolina, United States

Assured Storage is a provider of self-storage spaces. The location also includes outdoor parking spaces for RVs, vehicles, and boats. Storage units offer drive-up access and 24-hour-a-day, 365-day-a-year entry.

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