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New Deal


Announced

Completed

Churchill Capital-backed Nuveen completed the acquisition of Arcmont Asset Management.

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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Cross Border

Majority

Private

Friendly

United Kingdom

fund management

asset managers

Asset Managers and Custodians

Acquisition

Single Bidder

Private Equity

Completed

Synopsis

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Churchill Capital-backed Nuveen, an investment manager, completed the acquisition of Arcmont Asset Management, a private debt investment manager. Financial terms are not disclosed. "Arcmont and Churchill will work together in partnership, giving both firms geographic scale and the ability to offer a broader range of products and financing options to corporate borrowers. This expansion of our private market capabilities better positions us to help our clients meet their portfolio objectives as they seek differentiated investment allocations," William Huffman, Nuveen Head of Equity & Fixed Income and Chairman.

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