Announced
Completed
Financials
Tags
specialty finance
Friendly
Private
Asset Managers and Custodians
Completed
credit boutique
Domestic
Majority
United States
Acquisition
Private Equity
Single Bidder
investment advisory
Synopsis
Nassau Financial Group, a growth focused and digitally enabled financial services company, completed the acquisition of Angel Island Capital, a specialty credit investment firm, from Golden Gate Capital, a San Francisco-based private equity investment firm. Financial terms were not disclosed. "This transaction significantly strengthens Nassau’s financial profile, adding an incremental $300m in capital and third-party fee earning AUM, in support of our growth plans. AIC has established itself as a differentiated credit manager with a strong performance track record and talented team. We are excited to welcome the AIC team to the Nassau family and appreciate Golden Gate Capital’s continued support and long-term commitment to expanding the Nassau platform," Phil Gass, Nassau Chairman and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.