MergerLinks Header Logo

Announced

Completed

InnVest Hotels completed the acquisition of 10 Ontario and Halifax hotels from Morguard for $410m.

Synopsis

InnVest Hotels, a hospitality company, completed the acquisition of 10 Ontario and Halifax hotels from Morguard, a Canadian real estate company, for $410m. “We are delighted to announce our largest acquisition since 2007 which demonstrates confidence in our vertically integrated hospitality organization and the Canadian hotel market. We welcome the 766 new team members that have joined our organization,” Lydia Chen, InnVest President and CEO.

Show Details & Financials

Market Context

Sort

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