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New Deal


Announced

Completed

Atlas Real Estate completed the acquisition of Black Aspen Property Management.

Financials

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

Tags

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Real Estate Services

Friendly

property management

Domestic

United States

Completed

Acquisition

Majority

Private

Single Bidder

Synopsis

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Atlas Real Estate, a full-service real estate company specializing in investment brokerage, property management and institutional acquisition, completed the acquisition of Black Aspen Property Management, a property management company. Financial terms were not disclosed. "We are excited to enter the Salt Lake City real estate market, and are looking forward to serving clients in this rapidly expanding metro area. Our entrance in the region comes on the heels of our announcement to form a joint venture partnership with DivcoWest to acquire and renovate single-family rentals in the western region of the US," Vincent Deorio, Atlas Real Estate Vice President of Corporate Development.

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