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New Deal


Announced

WTS International completed the acquisition of Meet Hospitality Services.

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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Domestic

Private

Acquisition

Single Bidder

Equipment Rental

Majority

hospitality

Friendly

United States

meeting spaces

Completed

Synopsis

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WTS International, a global provider of hospitality and amenity services for commercial, residential and hotel properties, completed the acquisition of Meet Hospitality Services, which provides design and management services for meeting, conference and amenity centers in New York City. Financial terms were not disclosed. "WTS is in the business of activating spaces for building owners and managers where meetings and conferences are an important building amenity. Commercial real estate owners and building managers are looking for a single company that can manage their meeting and conference facilities along with their other building amenities," Barry Goldstein, WTS CEO.

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