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New Deal


Announced

Lifespot Capital to acquire Munich Hotel Partners for €59m.

Financials

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Transaction Value£50m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Hotels and Motels

Friendly

hotel management

Private

Majority

Germany

Acquisition

Domestic

Pending

Synopsis

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Lifespot Capital, a technology and solutions provider in the field of eHealth, agreed to acquire Munich Hotel Partners, a German hotel investment and hotel management platform, for €59m ($72m). MHP group has established itself in the acquisition of existing upper-upmarket hotels. MHP currently operates four Le Méridien brand hotels in Hamburg, Stuttgart, Munich and Vienna, as well as the Sheraton Düsseldorf Airport Hotel.

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