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New Deal


Announced

Green Street Advisors to acquire publications for the commercial real estate and financial markets from Harrison.

Financials

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

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commercial real estate publications

Pending

financial markets publications

Acquisition

Single Bidder

Majority

Publishing

United States

Private

Synopsis

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Green Street Advisors, a provider of research, advisory and analytics to the commercial real estate industry, agreed to acquire four publications for the commercial real estate and financial markets, which consists of Real Estate Alert, Commercial Mortgage Alert, Hedge Fund Alert, and Asset-Backed Alert, from Harrison Scott Publications, a media publishing company. Financial terms were not disclosed. The transaction is expected to close in the next 30 days. "We are very excited about this acquisition, the first in Green Street's history. These highly regarded publications have long provided real estate, finance, and investment professionals with unique content, objective news, and actionable information and insights. We look forward to welcoming their talented team to Green Street and including their rich content on our cloud-based platform," Jeffry Stuek, Green Street's CEO.

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