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Announced

Habyt to merge with Hmlet.

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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Private

Real Estate Services

Acquisition

Friendly

Pending

Single Bidder

co-living

Majority

Cross Border

Merger

Singapore

Synopsis

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Habyt, a software company in Berlin, agreed to merge with Hmlet, a co-living company that offers rooms and full apartments for young working professionals. Financial terms were not disclosed. "I’m thrilled for Hmlet to be a part of global consolidation in the flexible living sector, combining Europe’s and APAC’s strongest players for an exciting journey ahead. As the leading growth platform in APAC, we are continuing to deepen our footprint in our existing markets and aiming to expand into new markets as well. I now look forward to celebrating the upcoming milestones together with Habyt," Giselle Makarachvili, Hmlet CEO.

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