M&A Deal Summary

The Sunrider Acquires SLS Beverly Hills

On May 5, 2015, The Sunrider acquired restaurant SLS Beverly Hills from SBE Entertainment Group

Acquisition Highlights
  • This is The Sunrider’s 1st transaction in the Restaurants sector.
  • This is The Sunrider’s 1st transaction in the United States.
  • This is The Sunrider’s 1st transaction in California.

M&A Deal Summary
Date 2015-05-05
Target SLS Beverly Hills
Sector Restaurants
Buyer(s) The Sunrider
Sellers(s) SBE Entertainment Group
Deal Type Divestiture

Target

SLS Beverly Hills

Los Angeles, California, United States
SLS Beverly Hills is a provider of restaurant services in UC.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

The Sunrider

Torrance, California, United States
Category Company
Founded 1982
Sector Consumer Products
DESCRIPTION

The Sunrider Corp. (dba Sunrider International) is a family-owned health and beauty company . Sunrider researches and manufactures its nutritional supplements, weight loss, beauty, and household products in 8 manufacturing facilities, spanning over 2 million square feet.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

SBE Entertainment Group

Los Angeles, California, United States
Category Company
Founded 2002
Sector Leisure
DESCRIPTION

SBE Entertainment Group LLC is a developer, manager and operater of hotels, restaurants and nightlife. SBE Entertainment Group was founded in 2002 and is based in Los Angeles, California.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-09 Morgans Hotel Group

New York, New York, United States

Morgans Hotel Group Co. is widely credited as the creator of the first “boutique” hotel and a continuing leader of the hotel industry’s boutique sector. Morgans Hotel Group operates Delano in South Beach, Mondrian in Los Angeles, South Beach and London, Hudson in New York, Morgans and Royalton in New York, Clift in San Francisco, Shore Club in South Beach and Sanderson and St Martins Lane in London. Morgans Hotel Group has ownership interests or owns several of these hotels. Morgans Hotel Group also licenses its brand through Delano in Las Vegas and 10 Karaköy in Istanbul, Turkey. Morgans Hotel Group has other hotels in various stages of development to be operated under management or franchise agreements, including a Mondrian property in Doha, Qatar and a Delano in Dubai.

Buy $794M
Mergr

Product

Company

Legal