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Announced

Oaktree and Arixa to form a $100m joint venture.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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private equity

Private

investment advisors

Domestic

Joint Venture

Friendly

Single Bidder

real estate leasing

United States

Private Equity

Pending

Real Estate Services

Majority

Synopsis

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Oaktree, a private equity firm, and Arixa, a private real estate lender and investment manager, agreed to form a $100m joint venture. "Arixa is known for its long-term relationships, built over the course of originating more than $3.5bn in real estate loans," Seth Davis, Arixa Capital Managing Director.

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