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New Deal


Announced

Completed

GI Partners completed the acquisition of Valet Living from Ares and Harvest Partners.

Financials

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

Tags

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Majority

Friendly

United States

Acquisition

Domestic

Private

Private Equity

Completed

full-service amenities

Single Bidder

Household Appliance

Synopsis

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GI Partners, a private investment firm, completed the acquisition of Valet Living, a full-service amenities provider, from private equity investors Ares and Harvest Partners. Financial terms were not disclosed. "We are delighted to partner with Shawn after spending many years watching him and his team build an incredible resident services platform in Valet Living. They have led the creation and growth of an entire industry focused on delivering a better resident, owner, and property manager experience, and we look forward to working with the entire Valet Living team to continue to grow the company's gold-standard suite of products and services." Hoon Cho, GI Partners Managing Director.

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