Rithm Capital Acquires Paramount Group (PGRE) for $1.6 Billion

GDI Integrated Facility Services Acquires Paramount Building Solutions

May 14, 2024

Environmental Services

GDI Integrated Facility Services has acquired Paramount Building Solutions, a Phoenix-headquartered provider of facilities maintenance, commercial janitorial and floor care services operating across nine U.S. states. The acquisition expands GDI's U.S. footprint into Arizona and Minnesota and will allow Paramount to leverage GDI's scale to strengthen and grow customer relationships; financial terms were not disclosed.

Rithm Capital Completes Acquisition of Crestline Management to Expand Global Alternative Asset Platform

December 7, 2025

Financial Services

Rithm Capital completed its acquisition of Crestline Management, an alternative investment manager with approximately $17 billion in assets under management. The deal strengthens Rithm’s global alternative asset management platform by adding direct lending, fund liquidity solutions, and insurance and reinsurance capabilities, and by expanding the combined suite of credit, real estate, and structured finance strategies.

Rithm Capital to Acquire Sculptor Capital Management in $639 Million Deal

July 28, 2023

Financial Services

Rithm Capital (RITM) announced it has entered into a definitive agreement to acquire Sculptor Capital Management in a transaction valued at approximately $639 million. Sculptor will operate as a subsidiary of Rithm and continue to be led by Jimmy Levin as CIO and Executive Managing Partner, with deal close expected in Q4 2023.

CPC Acquires Paramount Apparel International

January 7, 2022

Manufacturing

CPC, LLC has acquired Paramount Apparel International from the company's founding families. Paramount, founded in 1929 and known for its Imperial headwear brand and Global Brand Solutions division, employs over 500 people across six Missouri facilities; the founding families retained ownership at the Paramount level and received an ownership interest in CPC.

Revelstoke Capital Partners Acquires Majority Stake in Empire Portfolio Group Holdings

January 6, 2021

Healthcare Services

Revelstoke Capital Partners, a Denver-based private equity firm, acquired a majority interest in Empire Portfolio Group Holdings, a leading Orangetheory Fitness franchisee and area representative. The investment will fund Empire's de-novo studio growth across the country and support strategic acquisition opportunities while founder and CEO Adam Krell retains a substantial ownership stake and remains CEO.

TPG Real Estate Partners Acquires Cinespace Studios

November 12, 2021

Media & Entertainment

TPG Real Estate Partners (TREP), the real estate investment platform of TPG, has acquired Cinespace Studios, a leading independent sound stage operator with major campuses in Toronto and Chicago. The acquisition will support Cinespace’s planned stage development and workforce expansion while TREP aims to build a best-in-class studio platform and expand community workforce programs like the CineCares Foundation.