Advent International and Centerbridge Partners failed to acquire Aareal Bank.

Advent International, a private equity firm, and Centerbridge Partners, a multi-strategy private investment firm, failed the $2.1bn acquisition of Aareal Bank, a company which specialises in real-estate lending. “We supported the offer because from a strategic perspective, it was in the best interests of the company and its stakeholders. However, our shareholders have decided not to sell their shares to the extent required. Instead, they wish to continue supporting us on our path of sustainable value creation. We will now continue to pursue the implementation of our successful strategy from own strengths. Aareal Bank Group has significant growth potential across all of its segments, which we want to consistently pursue in the years to come. As a matter of course, we will maintain in-depth dialogue with our investors," Jochen Klösges, Aareal Bank CEO. On January 14, 2022, Aareal Bank’s $2bn buyout threatened by hidden tech gem. On January 25, 2022, the offer was increased from $1.9bn to $2.1bn.