Movers: Overseas firm buys Kayne Anderson in $1.4B deal
Bridgepoint Group is expanding its U.S. footprint with the acquisition of Boca Raton-based Kayne Anderson Real Estate. In a deal valued at $1.4 billion, Kayne Anderson shareholders will receive $189 million in newly issued Bridgepoint shares and $759 million in cash, The Real Deal previously reported. KARE co-founder Al Rabil will continue to lead the business under the Kayne Bridgepoint brand. The deal is expected to close by the end of the year. London-based Bridgepoint Group is a leading mid-market investor specializing in private equity, infrastructure, credit, secondaries and private wealth, according to its website. Led by CEO Raoul Hughes, […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Sometimes leaders have to take the stairs
Mortgage rates have gone wild, so what’s next for housing?
Nor'easter delays hundreds of flights, airlines waive change fees
Hidden Vermont Sanctuary Sits High Above the Clouds on 210 Acres for $2.5 Million
The ‘Cold Room’ Trend: Could These Greek Housing Layouts Be The Key to Attracting Gen Z Buyers?
Brooklyn’s Working-Class Bastion Bay Ridge Gets a New Luxury Development
Julia Child’s Historic Cambridge Home Near Harvard Square Lists for $6.5 Million
A Frank Gehry Protégé Transformed 20 Blank Acres in Marin—Now it’s On the Market for $4.4 Million
Lustron Homes Were Mass-Produced With Steel as a 1940s Housing Solution—Here’s Why Only 1,200 Still Stand Today
Boeing flags 737 Max software glitch affecting some automated approach functions
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131