M&A Deal Summary |
|
|---|---|
| Date | 2023-07-31 |
| Target | Carroll |
| Sector | Real Estate |
| Buyer(s) | The RMR Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 80M USD |
| Advisor(s) | UBS Investment Bank (Financial) King & Spalding LLP (Legal) |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Real Estate |
| Employees | 600 |
| Revenue | 833M USD (2022) |
The RMR Group is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies. As of June 30, 2016, The RMR Group LLC had approximately $23.4 billion of real estate assets under management, including more than 1,300 properties, and employed over 400 real estate professionals in 30 offices throughout the United States. RMR Group was founded in 1986 and is based in Newton, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Real Estate) | 2 of 2 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-08 |
Tremont Realty Capital
Boston, Massachusetts, United States Tremont Realty Capital specializes in commercial real estate finance. Tremont will principally raise debt and equity capital for owners of commercial real estate and serve as a manager of funds invested in commercial real estate loans. |
Buy | $2M |
