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New Deal


Announced

Completed

Platinum Equity completed the acquisition of hotel business from Wyndham for $1.3bn.

Financials

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Transaction Value£1,057m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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hotels

Hotels and Motels

United Kingdom

Private

Friendly

Private Equity

Acquisition

Single Bidder

Completed

Synopsis

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Platinum Equity, a leading private equity firm, completed the acquisition of Vacation home rental business from Wyndham Worldwide, a leading hospitality firm for $1.3bn. "We are excited to partner with the management team to ensure a seamless transition while preparing our plans to drive additional growth, both organically and through prospective add-on acquisitions," Louis Samson, Platinum Equity Partner.

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