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Announced

Cortland acquires LIV Group.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Real Estate Holding and Development

Private

Pending

Friendly

real estate

United Kingdom

Acquisition

Single Bidder

Private Equity

Synopsis

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Cortland, a real estate investment and managing company acquires LIV Group, one of the earliest entrants to the (Build-to-Rent)BTR sector. Financial terms were not disclosed. "LIV Group shares our passion for the resident and is built upon a deep expertise in property management with a unique understanding of brand and culture. We felt an immediate kinship and saw a great opportunity to bring our resident-first rental experience to the UK, and our purchase of LIV will help accelerate that." Steven DeFrancis, Cortland CEO.

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