1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Maryland >
  6. Sunroad Enterprises Acquires Sonoma Ridge Apartments

M&A Deal Summary

Sunroad Enterprises Acquires Sonoma Ridge Apartments

On February 11, 2016, Sunroad Enterprises acquired real estate company Sonoma Ridge Apartments for 30M USD

Acquisition Highlights
  • This is Sunroad Enterprises’ 2nd transaction in the Real Estate sector.
  • This is Sunroad Enterprises’ 2nd largest (disclosed) transaction.
  • This is Sunroad Enterprises’ 2nd transaction in the United States.
  • This is Sunroad Enterprises’ 1st transaction in Maryland.

M&A Deal Summary
Date 2016-02-11
Target Sonoma Ridge Apartments
Sector Real Estate
Buyer(s) Sunroad Enterprises
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Sonoma Ridge Apartments

Baltimore, Maryland, United States
Sonoma Ridge Apartments, Inc. is a provider of real estate amenities include a clubhouse, a resort-style pool, a spa, a dry sauna, a picnic and grill area, a fitness center, a media center, a business center, and a covered playground.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Sunroad Enterprises

San Diego, California, United States
Category Company
Founded 1977
Sector Diversified
DESCRIPTION

Sunroad Enterprises is a diversified holding company consisting of two distinct divisions: real estate and automotive.

DEAL STATS #
Overall 2 of 2
Sector: Real Estate M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Maryland M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-04 Bristol Bay Apartments

Sparks, Nevada, United States

Bristol Bay Apartments is a provider of real estate amenities include a spacious clubhouse, a resort-style pool, a spa, a sauna, a media center, grilling areas, a fitness center, a lighted sports court, a business center, and a playground.

Buy $36M
Mergr

Solution for

Product

Company

Legal