Joe Anto

E: janto@pcecompanies.com

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Largest Transactions Closed

  • Target
  • Buyer
  • Value($mm)
  • Vivint Smart Home, Inc.
  • NRG Energy, Inc.
  • $5,540.27
  • Poshmark, Inc.
  • NAVER Corporation
  • $1,637.10
  • VIA Motors Inc.
  • Ideanomics, Inc.
  • $550.98
  • Operations of MGM Resorts Mississippi, Inc.
  • Cherokee Nation Entertainment, LLC
  • $450.00
  • Horizon Global Corporation
  • First Brands Group, LLC
  • $408.40
  • Assets of Transit Energy Group, LLC
  • GPM Transportation Company, LLC; GPM Southeast, LLC; GPM Investments, LLC; GPM Empire LLC; GPM Petroleum, LLC
  • $383.24
  • Clean Uniform Company
  • UniFirst Corporation
  • $300.00
  • Dream Hotel Group, LLC
  • Hyatt Hotels Corporation
  • $300.00
  • Volta Inc.
  • Shell Oil Company
  • $252.55
  • Streamsong Resort
  • Lone Windmill LLC
  • $160.00

Other Financial Buyer Transactions Closed

  • Target
  • Buyer
  • Value($mm)
  • New York Marriott East Side
  • Värde Partners Europe Limited; Hawkins Way Capital, LLC
  • $153.00
  • The Camby in Phoenix
  • KHP Capital Partners
  • $110.80
  • AC Hotel Phoenix Biltmore
  • Nella Investment Advisers
  • $67.80
  • Hotel Colonnade Coral Gables, Autograph Collection
  • Crescent Real Estate LLC
  • $63.00
  • Ocala North RV Resort, LLC
  • DLP Capital LLC
  • $33.00

Other Strategic Buyer Transactions Closed

  • Target
  • Buyer
  • Value($mm)
  • 16 Marriott-branded hotels in United States
  • NewcrestImage, LLC; Hospitality Capital Partners, LLC
  • $137.30
  • Ace Group International, LLC
  • Sortis Holdings, Inc.
  • $85.00
  • Flooring Liquidators, Inc.
  • Live Ventures Incorporated
  • $84.00
  • AC Hotels by Marriott
  • OTO Development, LLC
  • $59.60
  • Carson Toyota, Inc.
  • Fletcher Jones Automotive Group
  • $48.60
  • Minneapolis Marriott Southwest, Inc.
  • MN Opus VII LLC
  • $23.60
  • Candlewood Suites
  • Low Income Housing Institute
  • $20.20
  • Boardwalk Inn & Suites
  • HLOM, LLC
  • $12.75
  • Treasure Bay Resort & Marina
  • Equity Management Partners, Inc.
  • $10.88
  • WoodSprings Suites
  • DEA Jacksonville LLC
  • $7.90
  • Comfort Suites near Indianapolis Airport
  • Singh Estate LLC
  • $7.10
  • Things Remembered, Inc.
  • 1-800-FLOWERS.COM, Inc.
  • $5.00
  • Baby Dolls Of Dallas Inc
  • RCI Hospitality Holdings, Inc.
  • $$4.85
  • Super 8 Motel In Gulfport, Mississippi
  • Shreeji Hotels LLC
  • $4.40
  • Beach Road Fish House & Oyster Bar, Inc.
  • Corner Lot
  • $1.90
  • BurgerFi International, Inc.
  • Lionheart Equities, LLC
  • $$0.75
  • Belami and Confero
  • SKYX Platforms Corp.
  • $0.23

 

Source S&P Capital IQ as of 4/10/2023 and PCE Proprietary Data

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PCE Transactions

 

Contacts

Contacts

Joe Anto

Orlando Office

407-621-2141 |

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Eric Zaleski

Chicago Office

847-239-2466 |

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Kyle Wishing

Atlanta Office

404-994-4186 |

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Data Assumptions

This report represents transaction activity as mergers & acquisitions, consolidations, restructurings and spin-offs. Targets are defined as U.S. Based companies with either foreign or U.S. based buyers. Transaction information provided is based on closed dates only.

Glossary

EBIT - Earnings Before Interest and Taxes
EBITDA - Earnings Before Interest, Taxes, Depreciation, Amortization
LTM - Last Twelve Months
TEV - Total Enterprise Value

Sources:

  1. "US Consumer Confidence." The Conference Board, 28 March 30, 2023.
  2. Cox, Jeff. “Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago.” CNBC, 14 March 2023.
  3. “U.S. Retail Sales.” Trading Economics, Accessed 29 March 2023.
  4. Young, Liz. “Supplier, Buyer Relations Are Shifting Again as Pandemic Strains Ease.” The Wall Street Journal, 15 March 2023.