Third Point Acquires AS Birch Grove
December 26, 2024
Third Point, an alternative investment manager, entered into a definitive agreement to acquire AS Birch Grove LP, a diversified alternative credit fund manager. Upon closing, American Securities will no longer own Birch Grove, which will become a subsidiary of Third Point, expanding Third Point’s credit capabilities and complementary credit product offerings.
- Buyers
- Third Point, Third Point LLC
- Targets
- AS Birch Grove LP
- Sellers
- American Securities
- Platforms
- Third Point
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Atria Wealth Solutions Acquires Grove Point Financial
September 5, 2023
Financial Services
Atria Wealth Solutions has completed the acquisition of Grove Point Financial, a Rockville, Maryland-based independent wealth management firm. The deal brings approximately 400 independent financial professionals and about $15 billion of assets under administration to Atria, expanding its advisor network and scale across its multi-channel wealth management platform.
-
Pinegrove Capital Partners (backed by Brookfield and Sequoia Heritage) Acquires SVB Capital from SVB Financial Group
September 26, 2024
Financial Services
SVB Financial Group has completed the sale of its investment platform business, SVB Capital, to affiliates of Pinegrove Capital Partners, with backing from Brookfield Asset Management and Sequoia Heritage. The transaction — a divestiture completed as part of SVB Financial Group’s post‑Chapter 11 restructuring — was for a combination of cash and other economic interests.
-
Astorg Invests in Third Bridge as IK Sells Stake
January 13, 2021
Professional Services
Astorg has signed a definitive agreement to acquire a minority stake in Third Bridge, with IK Investment Partners selling its holding and the three co-founders reinvesting the majority of their proceeds and remaining majority owners. Financial terms were not disclosed; the investment is intended to support Third Bridge's next stage of growth as it expands its content offering and global footprint.
-
ATWEC Technologies Acquires The Birch Co.
June 20, 2024
Construction
ATWEC Technologies, Inc. completed an acquisition of The Birch Co. in a preferred-stock transaction that resulted in a control change. The deal adds over $6 million of annual revenue and positions the combined company to expand its commercial and residential construction operations, with Josh Ploch named CEO and Angus Martin named COO.
-
Investcorp Acquires Marble Point Credit Management
December 2, 2022
Financial Services
Investcorp has agreed to acquire Marble Point Credit Management LLC, a US-based CLO manager, to expand and scale its global credit platform. The deal will combine Marble Point's roughly $7.8 billion AUM with Investcorp Credit Management to create a larger credit platform (about $22 billion AUM) and strengthen Investcorp's CLO and broadly syndicated loan capabilities.
-
Acrisure Acquires Brentwood Services, Inc.
July 7, 2022
Insurance
Acrisure has entered into an agreement to bring Brentwood Services, Inc. into the Acrisure Partner network; the deal was finalized on July 1, 2022. Brentwood Services, a Tennessee-based provider of insurance-related claims and third-party administration services, will retain its identity while leveraging Acrisure's technology, resources and entrepreneurial network to accelerate growth.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.