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New Deal


Announced

Wolfgramm Capital to acquire Shreveport Residence Inn by Marriott.

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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Single Bidder

Real Estate

hotels

Private

Majority

Acquisition

Private Equity

Hotels and Motels

Pending

United States

Domestic

Friendly

Synopsis

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Wolfgramm Capital, a private equity real estate firm, agreed to acquire Shreveport Residence Inn by Marriott, an exclusive hotel. Financial terms are not disclosed. "We are excited to acquire a Residence Inn branded hotel and look forward to elevating this hotel through our firm's hotel management arm: Wolfgramm Properties. The Residence Inn brand's stellar reputation sets the standard in hospitality, and we will work to exceed expectations for our guests," Koloa Wolfgramm, Co-Founder and COO.

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