M&A Deal Summary

Newmark Acquires Knotel

On March 18, 2021, Newmark acquired real estate company Knotel

Acquisition Highlights
  • This is Newmark’s 3rd transaction in the Real Estate sector.
  • This is Newmark’s 4th transaction in the United States.
  • This is Newmark’s 2nd transaction in New York.

M&A Deal Summary

Date 2021-03-18
Target Knotel
Sector Real Estate
Buyer(s) Newmark
Deal Type Special Situations/Distressed

Target

Knotel

New York, New York, United States
Knotel is a flexible office platform for established businesses who require turnkey, customizable solutions that alleviate the burden of long-term lease commitments, lengthy and costly build-outs, and tedious facilities management. Knotel was established in 2015 and is based in New York City.

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Buyer(S) 1

Buyer

Newmark

New York, New York, United States

Category Company
Founded 1929
Sector Real Estate
Employees7,800
Revenue 2.5B USD (2023)
DESCRIPTION

Newmark is a full-service commercial real estate services business. Newmark Group was founded in 1929 and is based in New York, New York.


DEAL STATS #
Overall 5 of 8
Sector (Real Estate) 3 of 4
Type (Special Situations/Distressed) 1 of 1
State (New York) 2 of 2
Country (United States) 4 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-19 Harper Dennis Hobbs

London, United Kingdom

HVS, Inc. is a provider of independent, strategic retail advice services ranging from retail agency and investment for leisure, travel, offices, and out of town clients, to strategic retail consulting and advice on business rates and leasing. Harper Dennis Hobbs is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 BH2

London, United Kingdom

BH2 is an independent real estate advisory business specializing in the Central London markets. The company's services include capital markets, leasing advice, occupier advice, development consulting, and strategic asset management. BH2 was formed in 1994 and is based in London.

Buy -