Strategic Growth Trust, Inc. has merged with Strategic Storage Trust II, Inc.
|Deal Type||Mergers & Acquisitions|
|Client & Transactional Partners||
Strategic Growth Trust, Inc.
Strategic Storage Trust II, Inc.
|Our Role||Exclusive Sell-Side Advisor|
On January 24, 2019, Strategic Storage Growth Trust, Inc. (“SSGT”) completed its merger with Strategic Storage Trust II, Inc. (“SST II”). SSGT was a public non-traded REIT focused on the acquisition, development, redevelopment and lease-up of self storage properties, with a portfolio of 28 operating self storage facilities in the United States and Canada, plus an additional self storage facility currently under development. SSGT stockholders received $12.00 per share in cash. KeyBanc Capital Markets served as exclusive financial advisor to the Special Committee of SSGT’s Board of Directors. KeyBanc Capital Markets also provided a fairness opinion to the Special Committee in connection with the transaction.