Mergers & Acquisitions

💰 HBX Group's Half Year 2025 results (Oct 2024-Mar 31, 2025) show a 12% increase in Total Transaction Value to €3.4 billion and a 10% rise in revenue to €319 million. Adjusted EBITDA grew 14% to €159 million, with a margin of 50%. The firm raised €725 million from its February 13 IPO. Credit ratings upgraded by S&P to BB- and Moody’s to Ba3. The company signed major agreements and invested in tech, including acquiring Civitfun.

🏡 Whitbread PLC plans to convert Capital House in Edinburgh into a 195-room Premier Inn hotel, with an integrated restaurant and bar. Submitted on 2 May 2025, the £21 million project is expected to host 56,000 guests annually, generating £8.1 million in visitor spending, benefiting local businesses and creating over 30 new jobs. Whitbread's Edinburgh hotels already accommodate nearly one million visitors, contributing £32 million annually, while the company aims for 125,000 rooms UK-wide.

🏡 Momento Capital and Mata Capital partnered to acquire a majority stake in Roof, a French student-housing operator, to create a large-scale student housing platform amid France's housing shortage. They plan to invest up to €150 million for over 1,000 student units, with €20 million in equity and €50 million in debt already committed. Their strategy includes transforming buildings into community-oriented residences with amenities like coworking spaces and gyms, aiming for rapid expansion and addressing both investors' and students' needs.

🏡 BWH Hotels acquired seven UK independent hotels, including the 100-room Best Western Sheffield City and 37-bedroom Best Western Ebbw Vale. The luxury segment saw the addition of the 32-bedroom Forty Seven in Manchester with Asha's Restaurant, and the 36-room Velvet Hotel Bar and Brasserie to its WorldHotels Crafted collection. The Kings Arms in Christchurch joined WorldHotels Distinctive, while the 41-room Lakeland Kendal in Cumbria and Casa hotel in Yateley, Hampshire became part of the Sure Hotel Collection. BWH Hotels aims to add 100 properties in five years, seeking 20,000 UK rooms by 2029.

💰 Ritesh Agarwal, holding 30% of Oyo Hotels' capital, faced a 3rd IPO block by SoftBank, a 40% stakeholder, possibly delayed until 2026. Valuation once near $12 billion in 2021, SoftBank aims for a profitable exit. Agarwal borrowed $2.2 billion, backed by SoftBank's Masayoshi Son, with repayments due by year's end. Oyo's Q1 sales rose 60% to $250 million, targeting a $100 million net profit by year-end, potentially doubling by 2026. SoftBank might extend the loan repayment deadline for Agarwal's patience.

📌 Best Western Territorial Inn & Suites in Bloomfield, New Mexico, consisting of 65 rooms, was sold by HREC Investment Advisors, who represented VWH Enterprises Inc. The hotel was purchased by JHMC Inc., a southwestern US regional hotel management company. The transaction was led by Jeffrey Duni, senior vice president of HREC. The acquisition aims to streamline sales and management with a nearby Best Western in Farmington, New Mexico. Bloomfield, with a population of around 8,000, is strategically located near US 64, offering access to the Four Corners region and attractions like the Aztec Ruins National Monument.