M&A · Financials · Real Estate Investment Trusts
Blue Owl Capital Inc. to acquire Sila Realty Trust, Inc.
Announced Apr 20, 2026 · Closed Jul 1, 2026
Deal value$2.40B
Premium19.0%To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash$30.38 per share
Transaction
- Acquirer
- Blue Owl Capital Inc. (OWL)
- Target
- Sila Realty Trust, Inc. (SILA)
- Buyer type
- Strategic
- Offer price per share
- $30.38
- Enterprise value
- —
- Status
- Closed Jul 1, 2026
Deal protections
- Break fee (target pays)
- $55.7M · 2.3%
- Reverse fee (buyer pays)
- $152M · 6.3%
- Go-shop
- No-shop
- Financing
- Committed · BofA Securities, Citigroup
Advisors
- To the acquirer
- Citigroup, Truist Securities
- To the target
- BofA Securities
- BofA Securities fee
- $24.9M
Sector context · Financials
- Comparable deals
- 73 in the prior 24 months
- Premium
- 19.0% vs. 37.0% sector median
- EV / Adj. EBITDA
- Sector median 13.6x
- Break fee
- 2.3% vs. 3.7% sector median
Timeline
- AnnouncedApr 20, 2026
- Proxy filedMay 5, 2026
- Definitive proxyMay 22, 2026
- Shareholder voteJun 26, 2026
- ClosedJul 1, 2026
Valuation · fairness opinions
Trading comparables$26.20$37.92
Trading comparables$23.93$33.05
Other analysis$21.80$33.52
Other analysis$23.93$33.05
Discounted cash flow$23.01$30.61
Offer $30.38
Implied value per Sila Realty Trust, Inc. share by analysis, from BofA Securities · DCF discount rate 7.8%–8.7%.