The Dot Group has reached a contractual agreement to acquire the CRM Students Ltd. group of companies from CORESTATE Capital Holdings S.A.
The agreement will see Dot acquire CRM Students, and its subsidiaries, across the United Kingdom and Europe, consisting of more than 26,000 beds in seven countries and 100-plus properties. The strategic acquisition expands Dot’s combined global footprint into four new European markets — Austria, Italy, Poland and Portugal — while substantially expanding its U.K. footprint.
CRM Students is a market-leading third-party student operator with a comprehensive portfolio of properties and bespoke management services. CRM Students has grown organically through the high-quality operational management of third-party accommodation and includes the Beyoo brand.