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US: Yugo has acquired Campus Advantage, a leading student housing property management business and real estate investment management firm.
Yugo, part of The Dot Group, operates across the US. Its portfolio spans 14 countries and 120 cities with 160,000 student customers in 2025.
Campus Advantage, founded in 2003 by Mike Peter and headquartered in Austin, Texas, manages nearly 40,000 beds across 88 properties in 28 states. Campus Advantage will transition to Yugo US, with its 430 team member moving across.
With more than 30 years of experience, Mike Peter will be CEO of Yugo US and joins the global C-Suite leadership team.
As part of this transaction and to further strengthen the newly combined leadership team, Jim Sholders will be joining the business as president of Yugo US to lead the operational team.
Sholders previously held the CEO and COO roles at Campus Life & Style, and prior to that spent 15 years at American Campus Communities.
TD Securities acted as advisers to Yugo and the broader Dot Group, with legal and tax advice provided by Greenberg Traurig and PWC.
Nicholas Porter, CEO of The Dot Group, said: “This is a defining moment for Yugo that will ignite a new movement for the U.S. student housing industry. We don’t follow the market – we evoke a point of difference by setting the pace across our industry. With this transaction we have created an operational powerhouse to elevate the Yugo brand and deliver a U.S. growth strategy to position Yugo as the leading student housing operator in the country.”
“Combining Yugo’s unrivalled global expertise with Campus Advantage’s deep local market knowledge and operational excellence creates the scale and reach to do something truly different. I am delighted to welcome the entire Campus Advantage team to this exciting next chapter. With over three decades of pioneering leadership and proven track record, having Mike Peter lead Yugo U.S. is only accretive and will be key to our future success,” he added.
Joe Persechino, global COO at Yugo, said: “I’m proud and delighted to share that Yugo has acquired Campus Advantage – one of the leading U.S. student housing operating platforms. This is a defining step in our global growth strategy and one that more than doubles our U.S. presence. With close to 40,000 beds across 88 properties in 28 states and over 430 talented colleagues joining our team, we are creating an operational powerhouse under one global student housing brand. This acquisition is about more than just scale – it’s about cultural alignment, shared values and a commitment to redefining student living. Together, we have the breadth, depth and passion to deliver greater value for our clients, more opportunities for our people and a world-class experience for our students.”
Mike Peter, CEO of Yugo US, said: “This is an exciting time and a unique opportunity for our business and industry. Since I started Campus Advantage almost 23 years ago, I have been passionate about the industry, unlocking potential with great partners and supercharging growth. Joining Yugo, allows us to be part of something bigger with real momentum and provides the scale and scope to elevate our operations and asset values while securing new opportunities for our people, students and clients. I also welcome Jim Sholders as President of Yugo U.S., his leadership and experience will be integral to delivering operational excellence and I am looking forward to getting started with our talented teams.”
Highlights:
• Yugo has acquired Campus Advantage, a leading student housing property management business and real estate investment management firm
• Yugo, part of The Dot Group, operates across the US. Its portfolio spans 14 countries and 120 cities with 160,000 student customers in 2025
• With more than 30 years of experience, Mike Peter will be CEO of Yugo US and joins the global C-Suite leadership team.
