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New Deal


Announced

Completed

HR Group completed the acquisition of Success Hotel Management.

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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Completed

hotel

Hotels and Motels

Germany

Private

Majority

Domestic

Acquisition

Friendly

Single Bidder

Synopsis

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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.

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