M&A · Financials · Buyer's industry: Real Estate Investment Trusts
Chimera Investment Corp to acquire Palisades Group
Announced Oct 17, 2024 · Closed Dec 3, 2024 · Private target
Deal value$30M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash
Transaction
- Acquirer
- Chimera Investment Corp (CIM)
- Target
- Palisades Group
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Dec 3, 2024
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Houlihan Lokey
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- Real Estate Investment Trusts