U.K. Firm Bridgepoint Group to Acquire Kayne Anderson Real Estate in $1.4B Deal

U.K.-based Bridgepoint Group has entered the U.S. real estate market. The middle-market investor announced Monday an agreement to buy Kayne Anderson Real Estate, a Boca Raton, Fla.-based real estate investment platform, at an upfront enterprise value of approximately $1.4 billion. The cash-and-stock deal comprises $759 million in cash and roughly $189 million in newly issued […]