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Acq. announced
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Target Hospitality Corp. (TH)
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Create: Alert |
All | News | Filings
| Date Filed | Type | Description |
| 06/21/2019 |
8-K
| Acquisition/merger/asset purchase announced|
Docs:
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"Asset Purchase Agreement, by and among Superior Lodging, LLC, Superior Lodging Orla South, LLC, Superior Lodging Kermit, LLC, WinCo Disposal, LLC, the Members of WinCo Disposal, LLC, Superior Lodging, LLC, as the representative of the Sellers and Target Logistics Management, LLC",
"Target Hospitality Acquires Permian Basin Communities from Superior Lodging · Adds 575 rooms across 3 strategic locations; expands Permian Basin proprietary lodging network to 15 sites with over 7,850 average available rooms · Transaction closed today; expected to be accretive within the first year · Full turnkey lodging and value-added hospitality services offered starting immediately THE WOODLANDS, Texas, June 19, 2019 — Target Hospitality Corp. , the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today announced the acquisition of three communities in the Delaware Basin — a high-growth area within the Permian Basin — from Superior Lodging. This transaction advances the Company's strategy o..." |
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