.
MergerLinks Header Logo

Announced

Completed

Clearlake Capital-backed WhiteStar Asset Management completed the acquisition of five collateralized loan obligations business of Carlson Capital.

Financials

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

Tags

Edit

Completed

Friendly

Private Equity

United States

Private

private equity

Acquisition

Majority

Private Equity

Single Bidder

Domestic

Synopsis

Edit

Clearlake Capital-backed WhiteStar Asset Management, a credit-focused investment management firm, completed the acquisition of five collateralized loan obligations business of Carlson Capital, an alternative investment manager. Financial terms were not disclosed. “This acquisition continues the growth of WhiteStar, and it’s been a pleasure collaborating with the Carlson Capital team during this transition. With this acquisition on the heels of our acquisitions completed in 2021, we continue to deliver on our strategic plan to grow the credit business and enter new markets. We are honored to take the reins from Carlson Capital, steward the existing investors’ capital and are thankful to Carlson for their work to date,” Gibran Mahmud, WhiteStar CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US