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Announced

Completed

Blue Owl Capital completed the acquisition of Wellfleet Credit Partners from Littlejohn & Co.

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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United States

Private Equity

Majority

credit platform

Private

Single Bidder

Domestic

Private Equity

Acquisition

Friendly

Completed

Synopsis

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Blue Owl Capital, an alternative asset manager, completed the acquisition of Wellfleet Credit Partners from Littlejohn & Co, a private equity firm. Financial terms are not disclosed. "We are excited to welcome the Wellfleet team onto the Owl Rock platform as the addition of the team's expertise in the public markets will both complement and further expand our credit capabilities," Craig Packer, Blue Owl Co-Founder and Senior Managing Director.

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