Deal snapshot: PALMER SQUARE CAPITAL MANAGEMENT TO ACQUIRE OWNERSHIP INTEREST OF MONTAGE INVESTMENTS.
Senior management and principals of Kansas, US-based asset management firm Palmer Square Capital Management LLC have reached an agreement with Montage Investments to buy out Montage Investments' ownership stake in Palmer Square, the company said.
The transaction will return Palmer Square to being entirely management owned. Outside of the ownership change, no other changes are anticipated at Palmer Square and the management team remains in place.
Sector: Banking/Financial Services
Target: Palmer Square Capital Management/ Montage Investments ownership stake
Buyer: Palmer Square Capital senior management and principals
Vendor: Montage Investments
Deal size in USD:
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Oct 12, 2018|
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