Hotel Formula 1 Overview

  • Founded
  • 1990
Founded
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 1

Hotel Formula 1 General Information

Description

Operator of a hotel chain. The company's hotels are conveniently located and easy to find, with a choice of 21 hotels around South Africa, having modern, user-friendly design, optimum use of space and consideration for the environment ensures that guests can relax or work in an environment that is budget friendly, accessible and functional.

Contact Information

Website
www.hotelformula1.co.za
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Primary Industry
Hotels and Resorts
Acquirer
Tsogo Sun Hotels
Primary Office
  • Block B, 2nd Floor, Edenburg Terraces
  • 348 Rivonia Boulevard, Rivonia
  • Johannesburg, 2128
  • South Africa
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Hotel Formula 1 Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Hotel Formula 1 Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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