Patria Investments Agrees To Acquire Nexus Capital, Boosting Its Real Estate Platform In Colombia; Financial Details Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Patria Investments has agreed to acquire Nexus Capital, a real estate asset manager in Colombia. The transaction is expected to add approximately $800 million to Patria's Fee Earning AUM and be immediately accretive to its earnings.
June 06, 2024 | 10:04 pm
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Patria Investments' acquisition of Nexus Capital will add $800 million to its Fee Earning AUM and is expected to be immediately accretive to its earnings.
The acquisition will significantly increase Patria's assets under management and is expected to positively impact its earnings immediately, making it a favorable development for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100