.
MergerLinks Header Logo

New Deal


Announced

Completed

HR Group completed the acquisition of Success Hotel Management.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

hotel

Hotels and Motels

Germany

Private

Majority

Domestic

Acquisition

Friendly

Single Bidder

Synopsis

Edit

HR Group, an owner-managed multi-brand hotel, completed the acquisition of Success Hotel Management, a family-run hotel company. Financial terms were not disclosed. "Besides the addition of hotels and projects, I am particularly excited about the experts and competencies within Success Group that will positively complement the company, especially in the area of innovation and digitalisation. I am convinced that synergies will arise on both sides in many places and that we will quickly grow together in partnership to become one big company," Ruslan Husry, HR Group Owner.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US