.
MergerLinks Header Logo

New Deal


Announced

Spouting Rock Asset Management to acquire Altan Asset Management.

Financials

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

Tags

Edit

asset management

United States

Private Equity

Domestic

Acquisition

Majority

Private

Pending

Asset Managers and Custodians

Single Bidder

Friendly

Synopsis

Edit

Spouting Rock Asset Management, a multi-boutique manager platform, agreed to acquire Altan Asset Management, an investment management firm. Financial terms were not disclosed. “Our process allows our clients to align their goals with a long-term fundamentals-driven investment approach. We aspire to provide consistent returns and attractive risk metrics. Spouting Rock’s ideology matches this commitment. We are delighted and privileged to join a team that shares common values and has an unwavering dedication to their clients,” Rehan Chaudhri, Altan Asset Management CIO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US