M&A Deal Summary

BGC Acquires Newmark Grubb Knight Frank

On April 13, 2012, BGC acquired real estate company Newmark Grubb Knight Frank

Acquisition Highlights
  • This is BGC’s 1st transaction in the Real Estate sector.
  • This is BGC’s 1st transaction in the United States.
  • This is BGC’s 1st transaction in New York.

M&A Deal Summary

Date 2012-04-13
Target Newmark Grubb Knight Frank
Sector Real Estate
Buyer(s) BGC
Deal Type Add-on Acquisition

Target

Newmark Grubb Knight Frank

New York, New York, United States
Newmark Grubb Knight Frank is a commercial real estate advisory firm.

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Buyer(S) 1

Buyer

BGC

New York, New York, United States

Category Company
Founded 1945
Sector Financial Services
Employees3,856
Revenue 2.0B USD (2023)
DESCRIPTION

BGC is a global brokerage company primarily servicing the wholesale financial and real estate markets. Products include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. BGC also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and non-financial institutions. BGC was incorporated in 1945 and is based in New York City.


DEAL STATS #
Overall 7 of 19
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 6 of 18
State (New York) 1 of 4
Country (United States) 1 of 6
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-26 Liquidez DTVM

Centro, Brazil

Liquidez DTVM Ltda. is a brazilian financial institution and inter-dealer broker for products including foreign exchange derivatives, commodities, equities, and interest rate products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-25 Sterling International Brokers

London, United Kingdom

Sterling International Brokers Ltd. is a broking firm specializing in Sterling and other major currency transactions.

Buy -