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New Deal


Announced

Affiliated Managers Group to invest in Abacus Capital Group.

Financials

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

Tags

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Pending

Real Estate Holding and Development

Single Bidder

Acquisition

Friendly

real estate investment manager

Private

Domestic

United States

Majority

Synopsis

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Affiliated Managers Group, an American international investment management company, agreed to invest in Abacus Capital Group, an independent, privately owned real estate investment manager. Financial terms were not disclosed. "We are very pleased to partner with Abacus, a high-quality business with excellent growth prospects in an attractive area of real asset investing. AMG’s unique partnership approach, including our proven succession planning and incentive alignment capabilities, continues to attract outstanding firms – including alternative firms – that wish to build an enduring franchise, preserve their independence, and leverage AMG’s institutional capabilities. With strong structural demand for multifamily real estate and the firm’s distinctive investment culture, Abacus is positioned for continued growth. I am pleased to welcome Ben, Kyle, and their partners to our Affiliate group," Jay C. Horgen, AMG President and CEO.

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