.
MergerLinks Header Logo

New Deal


Announced

Altus Group to acquire commercial real estate valuation services business from SitusAMC for $225m.

Financials

Edit Data
Transaction Value£183m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA13.4x
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Pending

Friendly

Single Bidder

real estate valuations

Acquisition

Real Estate Services

Majority

Cross Border

Private

Synopsis

Edit

Altus Group, a provider of asset and fund intelligence for commercial real estate, agreed to acquire commercial real estate valuation services business from SitusAMC, an independent provider of advisory, strategic outsourcing, talent and technology solutions to the commercial and residential real estate finance industry, for $225m. “Current market complexity and increasing financial reporting demands drive the need for high quality and timely valuations and data driven insights for CRE investors and operators. We are excited to have the highly regarded REVS team join the top talent at Altus Group. Collectively we will expand the scope of valuation offers, including advanced analytics, that we deliver to clients,” Jim Hannon, Altus Group CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US