Pithos Capital has acquired MyStore Self Storage Limited, enhancing its presence in the UK self-storage market through partnership with UK Storage Company.

Information on the Target

Pithos Capital has successfully acquired MyStore Self Storage Limited, an independent self-storage operator located in Witney, United Kingdom. This newly acquired facility will be managed by UK Storage Company, a prominent national self-storage operator. UK Storage Company operates as a joint venture that includes investment funds advised by Davidson Kempner Capital Management, a well-respected global investment management firm, as well as Pithos Capital itself. This acquisition marks a significant milestone for Pithos Capital, reflecting its strong commitment to expanding its portfolio within the UK market.

By integrating MyStore into its existing operations, UK Storage Company will further bolster its network of locations and service offerings. This move enables the company to provide improved and tailored storage solutions for businesses, homeowners, and individuals in need of secure, flexible storage options.

Industry Overview in the UK

The self-storage market in the United Kingdom has witnessed substantial growth over recent years. With an increasing number of individuals and businesses seeking secure storage alternatives due to urbanization, lifestyle cha