Articles from Lone Star Funds

Nani Holdings S.à. r.l., an affiliate of Lone Star Funds (“Lone Star”), today announced that it has signed a Memorandum of Understanding for the sale of Novo Banco, S.A. (“novobanco” or “the bank”), Portugal’s fourth-largest bank, to BPCE, a leading European banking institution, for a cash consideration payable at closing which values 100% of the share capital at an estimated €6.4 billion as of end 2025.

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Real Estate Fund VII, L.P. has reached an agreement to purchase nine Purpose-Built Student Accommodation (“PBSA”) assets in the UK from affiliates of Unite Students (“Unite”), the UK's largest owner, manager and developer of PBSA, for £212 million, scheduled to close in August 2025.

Lone Star Funds (“Lone Star”) announced that an affiliate of Lone Star Real Estate Fund VII, L.P. has successfully completed the purchase of a 175-room hotel in Yokohama, Japan from Singapore based real estate development, investment, capital and property management company, Mapletree Investments Pte Ltd, in a transaction advised by JLL.

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Real Estate Fund VI, L.P. has successfully completed the sale of Tokyo β (“Tokyo Beta”), one of the largest rental property assets in Tokyo.

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XI, L.P. has successfully completed the sale of AOC, a leading global specialty chemicals company, to Nippon Paint Holdings Co., Ltd.

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XII, L.P. has entered into a definitive agreement to acquire the Specialty Chemicals and High Performance Polymers Business Areas of RadiciGroup, a leading global player in the chemical sector.

Lone Star Funds (“Lone Star”) today announces that an affiliate of Lone Star Real Estate Fund VII, L.P., along with an affiliate of Highline Real Estate Capital LLC and Square2 Capital LLC, has acquired 401 East Las Olas Boulevard (“401”), marking the most significant office acquisition in Broward County in the past decade. Terms of the transaction were not disclosed.

Lone Star Funds (“Lone Star”) today announced that an affiliate has successfully completed the acquisition of Carrier Global Corporation’s Commercial and Residential Fire business in a transaction valued at $3 billion.

Lone Star Funds (“Lone Star”) today announces the signing by an affiliate of Lone Star Fund XI, LP of a definitive agreement to sell AOC, a leading global specialty chemicals company, to Nippon Paint Holdings Co., Ltd. (“NPHD”).

Lone Star Funds today announced the final close of its latest commercial real estate fund, Lone Star Real Estate Fund VII, L.P. (“LSREF VII”). Total capital available to LSREF VII is approximately $2.7 billion.

Lone Star Funds (“Lone Star”) today announced that it has completed the final closing for its twelfth opportunity fund, Lone Star Fund XII, L.P. (“LSF XII”). Total capital available to LSF XII is approximately $5.3 billion.

Lone Star Funds (“Lone Star”) today announced that an affiliate has acquired ERIKS N.V., a specialized pan-European industrial components distributor and engineering service provider. Financial terms of the transaction were not disclosed.

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star has successfully acquired SENQCIA Corporation (“SENQCIA”). Terms of the transaction were not disclosed.

Lone Star Funds today announced that a Lone Star affiliate has acquired five luxury and upper upscale hotels from Host Hotels & Resorts, Inc. (NASDAQ: HST) for an aggregate purchase price of $551 million, including approximately $11 million for furniture, fixtures, and equipment (FF&E) replacement funds.

Lone Star Funds today announced that it has consolidated global leadership of its Commercial Real Estate and Opportunity Fund investment activities to include its Asia operations.