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Target Hospitality Announces Acquisition Of Strategic Humanitarian Assets

PUBLIC · THApr 17, 2023

Acquiring Company

Target Hospitality

Acquired Company

Assets

The WoodlandsHospitalityHotel

Description

Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced it has acquired strategic assets focused on increasing portfolio capacity in support of the United States government's critical humanitarian aid mission.

Quick answer

Target Hospitality is acquiring Assets, announced April 17, 2023. Target Hospitality is based in The Woodlands, Texas, United States.

How much did Target Hospitality pay for Assets?
The deal value was not disclosed.
What does Target Hospitality do?
Target Hospitality (formerly Target Lodging), is the largest provider of turnkey accommodations and integrated hospitality services in the United States with 22 communities and more than 10,000 beds in our network.
Where are Target Hospitality and Assets based?
Target Hospitality is based in The Woodlands, Texas, United States.
Who are the decision-makers at Target Hospitality?
Fundz holds 1 contact at Target Hospitality. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Hospitality and Hotel

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Target Hospitality

Location

9320 Lakeside Blvd.

The Woodlands, Texas, United States

About

Target Hospitality (formerly Target Lodging), is the largest provider of turnkey accommodations and integrated hospitality services in the United States with 22 communities and more than 10,000 beds in our network. We operate globally, even in the most remote environments. We support the oil, gas and mining industries with workforce housing and site services. We also provide governments and relief organizations with temporary lodging, culinary and hospitality services. Our large network, high-quality culinary services, differentiated amenities, and service-focused team all work together to enhance morale and improve retention for our customers in an increasingly competitive market. At Target Hospitality, you can rest assured that we’ll take care of your workforce off the job so they perform their best on the job.

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Frequently asked

Who acquired Assets?

Assets was acquired by Target Hospitality, based in The Woodlands. The deal was reported on April 17, 2023. Target Hospitality (formerly Target Lodging), is the largest provider of turnkey accommodations and integrated hospitality services in the United States with 22 communities and more than 10,000 beds in our network. Target Hospitality is publicly traded (TH) and operates in Hospitality.

When did Target Hospitality acquire Assets?

Target Hospitality's acquisition of Assets was reported on April 17, 2023. Target Hospitality Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Assets do?

Assets is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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