M&A
confidence high
sentiment positive
materiality 0.80
SST VI to acquire SSGT III in all-stock merger; combined portfolio valued at ~$1.2B
Strategic Storage Trust VI, Inc.
- SSGT III stockholders to receive 1 share of SST VI Class A common per share; existing SST VI stockholders to own ~59% of combined company.
- Combined portfolio: 37 wholly owned self-storage facilities, ~29,415 units, 3.2M sq ft, plus JV interests and DST programs.
- Merger expected to close Q4 2026, subject to SSGT III stockholder approval; no financing condition.
- SSGT III portfolio includes 12 wholly owned facilities in 4 US states and 3 Canadian provinces, plus 50% JV interests.
- Boards and special committees unanimously approved; 42-day window shop period with reduced termination fee.