Announced
Completed
Synopsis
SROA Capital, a fund manager, completed the acquisition of StayLock, a provider of storage facilities intended to offer multi-state storage services, from two investment firms Cequel III and Thompson Street. Financial terms were not disclosed. “Our investors, managers, and employees did an outstanding job over the last five years, integrating 22 acquisitions, enhancing operations and customer service, and building StayLock Storage into a company of which we could all be very proud. The underlying strengths of the self-storage industry combined with the uniquely strong performance of our team made us an attractive acquisition target to a larger, well-respected aggregator of self-storage assets like SROA Capital," Mike Pizzella, Cequel III Vice President.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.