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New Deal


Announced

The Dot Group to acquire CRM Students from Corestate Capital.

Financials

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

Sources

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Tags

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Private

Majority

Private Equity

Education Services

United Kingdom

student accommodation

Acquisition

Domestic

Single Bidder

Friendly

Pending

Synopsis

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The Dot Group, a specialist in Data Management Solutions, agreed to acquire CRM Students, a student accommodation provider, from Corestate, a real estate investment manager. Financial terms were not disclosed. "I am pleased that we have reached an agreement to join The Dot Group. CRM Students is proud of its heritage across the UK and Europe. We believe Dot is the perfect partner to continue that journey to further develop our offering to clients and students, Our strategy will continue to focus on third party management and business expansion in the UK and Europe while servicing our existing clients. We're excited by the greater access that comes with being part of The Dot Group and their footprint as global leaders in student living," Richard Skeels, CRM Students CEO.

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