Interstate Hotels & Resorts
Classification
Private
About
About
Interstate Hotels & Resorts is the world's leading hotel management company. Thousands of hotel owners, developers, and guests have discovered the Interstate difference in their global portfolio of 500+ hotels, resorts and conference centers. With a history spanning 58 years, Interstate Hotels & Resorts considers themselves a true trailblazer in the hospitality industry. Founded in the U.S. in 1960, they've expanded internationally over six decades and are recognized as the leading third-party hotel management company in the world. Throughout their growth, they've forged partnerships with major brands in the hospitality industry and operate throughout the U.S., the United Kingdom and Ireland, Europe and Russia/CIS.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private