Lindsay Goldberg Acquires Affordable Suites of America

January 14, 2019

Lindsay Goldberg, a New York‑based private investment firm, has acquired Affordable Suites of America, a Myrtle Beach–based owner, operator and franchisor of extended‑stay hotels. The portfolio includes 20 properties across Georgia, Indiana, North Carolina, South Carolina and Virginia; Lindsay Goldberg said it will grow the business through strategic development and acquisitions under new CEO Gary DeLapp.

Targets
Affordable Suites of America, Inc.
Location
South Carolina, United States
Transaction Type
Buyout

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