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New Deal


Announced

AWH Partners to acquire The Grove Resort & Water Park.

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 Equity

Pending

Single Bidder

Friendly

Domestic

United States

resorts

Private

Hotels and Motels

Acquisition

Majority

Synopsis

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AWH Partners, a privately held real estate investment firm, agreed to acquire The Grove Resort & Water Park, a unique, independent resort. Financial terms were not disclosed. "Located in one of the most visited and robust tourism markets in the U.S., The Grove has a significant competitive advantage offering guests large, newly completed suites, as well as an array of amenities for easily accessible family fun. One of the aspects that attracted us to The Grove was its best-in-class condo-hotel rental management program. By centralizing management across all aspects of the Resort, The Grove ensures a consistently high-quality guest experience," Jon Rosenfeld, AWH Partners Co-Founder and Managing Partner.

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