M&A · Industrials · Buyer's industry: Hotels & Motels
Sunstone Hotel Investors, Inc. to acquire The Confidante Miami Beach
Announced Jun 2, 2022 · Closed Jun 2, 2022 · Private target
Deal value$232M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationNot disclosed
Transaction
- Acquirer
- Sunstone Hotel Investors, Inc. (SHO)
- Target
- The Confidante Miami Beach
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jun 2, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Industrials
- Buyer's industry
- Hotels & Motels