Warburg Pincus Affiliate and Goldman Sachs Invest in Good Host Spaces
April 22, 2021
Baskin Lake Investment Ltd, an affiliate of Warburg Pincus, has become a significant shareholder in Good Host Spaces by acquiring HDFC Ltd.'s 24.48% stake and making a primary growth investment in the company. Existing investor Goldman Sachs will also invest additional capital to support Good Host's plan to scale its purpose-built student housing platform (operating ~18,000 beds) toward a target of 50,000 beds across India.
- Buyers
- Baskin Lake Investment Ltd (affiliate of Warburg Pincus), Goldman Sachs Asset Management
- Targets
- Good Host Spaces Pvt. Ltd.
- Sellers
- HDFC Ltd.
- Industry
- Real Estate
- Location
- Maharashtra, India
- Transaction Type
- Growth capital
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