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Bridgepoint to Acquire Kayne Anderson Real Estate in U.S. CRE Push

London-based private equity firm Bridgepoint Group said Monday it has agreed to acquire Kayne Anderson Real Estate (KARE) from Kayne Anderson Capital Advisors in a cash-and-stock deal valued at $1.393

Summary

London-based private equity firm Bridgepoint Group said Monday it has agreed to acquire Kayne Anderson Real Estate (KARE) from Kayne Anderson Capital Advisors in a cash-and-stock deal valued at $1.

393 billion.

The acquisition marks a major step forward for Bridgepoint in establishing its U.S. real estate presence. Headquartered in Boca Raton, FL, KARE has approximately...

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