Independence Realty Trust Merges with Steadfast Apartment REIT

ColoHouse Acquires Steadfast

January 11, 2022

IT Services

ColoHouse, a Miami-based retail colocation, cloud and managed services provider, acquired Steadfast, a Midwest cloud, bare metal and data center operator, adding three colocation sites including two in Chicago and one in Edison, New Jersey. The acquisition expands ColoHouse's geographic footprint and cloud/hosting capabilities as part of its continued roll-up and platform build-out.

Blackstone Real Estate Partners X Acquires Apartment Income REIT Corp. (AIR Communities) for Approximately $10 Billion

June 28, 2024

Real Estate

Blackstone Real Estate Partners X (part of Blackstone) has completed its acquisition of all outstanding common shares of Apartment Income REIT Corp. (AIR Communities) for $39.12 per share in an all-cash transaction valued at roughly $10 billion, including assumed debt. The take-private purchase gives Blackstone control of AIR's portfolio of 77 multifamily communities (27,385 apartment homes) and aligns with Blackstone's continued expansion of its real estate platform.

Reverence Capital Partners Acquires Majority Stake in Sunstar Insurance Group

July 1, 2024

Insurance

Reverence Capital Partners has agreed to acquire a majority stake in Sunstar Insurance Group, a Memphis-based independent retail insurance broker focused on Commercial P&C, Personal P&C and Employee Benefits. Sunstar’s management will remain in place and roll a material portion of proceeds, while Reverence will provide capital and support to accelerate Sunstar’s organic growth and tuck-in acquisitions across the Southeast and Midwest.

Ren Inc. Acquires Stellar Technology Solutions

January 31, 2023

Cloud & SaaS

Ren Inc. has acquired Stellar Technology Solutions, a Stroudsburg, Pennsylvania–based provider of philanthropic fiduciary enterprise SaaS (the iPhi product suite) and professional services. The acquisition integrates Stellar's iPhi platform into Ren's broader suite of philanthropic administration, trust and DAF services to expand Ren's technology and services offerings for financial institutions, foundations, and nonprofit organizations.

Sanctuary Wealth Acquires tru Independence

May 1, 2024

Financial Services

Sanctuary Wealth has acquired tru Independence, a Portland-based firm that supports 30 RIA firms managing $12.5 billion in client assets. The combination expands Sanctuary's multi-model platform for independent wealth advisors and brings additional capabilities and affiliation options to elite financial advisors across the RIA channel.

Abry Partners Invests in Freestar

January 6, 2021

Marketing & Advertising

Boston-based private equity firm Abry Partners made a strategic minority investment in Freestar, a Phoenix-area ad monetization and ad tech company. The growth capital will support Freestar's product and technology development, expansion of services to publishers, e-commerce sites and app developers, and pursuit of strategic acquisitions while existing shareholders retain majority ownership.