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New Deal


Announced

Completed

Great Elm Group completed the acquisition of Monomoy Properties REIT from Imperial Capital for $10m.

Financials

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Transaction Value£8m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Commercial REITs

United States

Majority

Domestic

Completed

Friendly

REIT company

Single Bidder

Private

Acquisition

Synopsis

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Great Elm Group, a publicly-traded holding company, completed the acquisition of Monomoy Properties REIT, a private real estate investment trust, from Imperial Capital, an investment banking company, for $10m. “I am excited to join the Great Elm team to continue to grow our platform. GEG’s resources and investment in Monomoy will help accelerate our growth. We intend to pursue a robust pipeline of acquisition and organic growth opportunities,” Chris Macri, Monomoy President.

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