M&A Deal Summary

Berkshire Hathaway and Jefferies Financial Group Acquire Berkadia

On January 1, 2009, Berkshire Hathaway and Jefferies Financial Group acquired business services company Berkadia

Acquisition Highlights
  • This is Berkshire Hathaway’s 2nd and Jefferies Financial Group’s 1st transaction in the Business Services sector.
  • This is Berkshire Hathaway’s 49th and Jefferies Financial Group’s 2nd transaction in the United States.
  • This is Berkshire Hathaway’s 4th and Jefferies Financial Group’s 2nd transaction in New York.

M&A Deal Summary
Date 2009-01-01
Target Berkadia
Sector Business Services
Buyer(s) Berkshire Hathaway
Jefferies Financial Group
Deal Type Joint Venture

Target

Berkadia

New York, New York, United States
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, offers a suite of services to multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, Berkadia's people sell, finance, and service commercial real estate, providing support for the entire life cycle of clients’ assets.

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Buyer(S) 2

Buyer

Berkshire Hathaway

Omaha, Nebraska, United States
Category Company
Founded 1998
Sector Diversified
Employees396,500
Revenue 439.3B USD (2023)
DESCRIPTION
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.

Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services. Berkshire Hathaway was founded in 1998 and is based in Omaha, Nebraska.

DEAL STATS #
Overall 50 of 69
Sector (Business Services) 2 of 2
Type (Joint Venture) 1 of 1
State (New York) 4 of 5
Country (United States) 49 of 64
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-10 Rohm and Haas

Philadelphia, Pennsylvania, United States

Rohm and Haas Co. is a specialty chemical manufacturer based in Philadelphia, Pennsylvania.

Buy $15.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-03 BNSF

Fort Worth, Texas, United States

BNSF is engaged primarily in the freight rail transportation business. The rail operations of BNSF Railway, BNSF’s principal operating subsidiary, comprise one of the largest railroad systems in North America.

Buy $44.0B
Buyer

Jefferies Financial Group

New York, New York, United States
Category Company
Founded 1962
Sector Financial Services
Employees7,611
Revenue 7.4B USD (2023)
DESCRIPTION

Jefferies Financial Group is a diversified holding company engaged through its consolidated subsidiaries in a variety of businesses, including investment banking and capital markets. Jefferies Financial Group was founded in 1962 and is based in New York City.

DEAL STATS #
Overall 2 of 5
Sector (Business Services) 1 of 1
Type (Joint Venture) 1 of 1
State (New York) 2 of 4
Country (United States) 2 of 5
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Garcadia Auto Services

New York, New York, United States

Garcadia Auto Services is an own and operates 28 dealerships in Texas, Michigan, Iowa and California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-03 National Beef Packing Company

Kansas City, Missouri, United States

National Beef Packing Company LLC is a beef processor. National Beef Packing processes and markets fresh beef, beef- and pork-based ready-to-eat meals, beef by-products and leather in the domestic and international markets. National Beef Packing Company LLC was established in 1992 and is based in Kansas City, Missouri.

Buy -
Mergr

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