.
MergerLinks Header Logo

New Deal


Announced

Completed

Bridge Investment Group completed the acquisition of Newbury Partners from RidgeLake Partners for $320m.

Financials

Edit Data
Transaction Value£264m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

investment manager

Private

investment banking

Majority

United States

Investment Banking

Acquisition

Domestic

Friendly

Single Bidder

Completed

Synopsis

Edit

Bridge Investment Group, a vertically integrated real estate investment manager, completed the acquisition of Newbury Partners, an investment manager, from RidgeLake Partners, a partnership between PA Capital and Ottawa Avenue Private Capital, for $320m. “This acquisition and our expansion into the attractive secondaries sector further diversifies our strong platform and positions Bridge for accelerated growth. We believe secondary investments are increasing in appeal to a growing group of investors and we are excited to add Newbury’s expertise to our platform,” Robert Morse, Bridge Executive Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US