Public Company Other

Brookfield Business Partners

Toronto, Ontario, Canada

Brookfield Business Partners is a publicly traded vehicle connected to Brookfield’s global alternative asset platform, investing in and operating businesses across real assets and essential service sectors.

Focus Areas
Alternative asset management, Real assets, Infrastructure

Tracked deals

37

37 tracked deals across 2019-2026.

Recent pace

5

5 tracked deals announced in the last 12 months.

Deal mix

Buyout

24 buyout · 7 growth capital · 2 addon

Brookfield Business Partners Acquisition Volume by Year

Last 8 years

Acquisition volume by year Annual acquisition counts for the last 8 years for Brookfield Business Partners. 1 2019 1 2020 3 2021 8 2022 3 2023 6 2024 12 2025 ~4 est. 3 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 37 tracked deals for Brookfield Business Partners.

  • Brookfield Completes Acquisitions of Oaktree and Just Group to Expand Global Credit and Insurance Platforms
    August 14, 2026
    Buyer
    Brookfield Corporation
    Target
    Oaktree, Just Group
    Industry
    Financial Services
    Location
    United Kingdom
    Type
    Buyout

    Brookfield Corporation reported completing the acquisition of Oaktree in July and expanding its Wealth Solutions/insurance platform through the acquisition of Just Group in the U.K. as part of its broader capital deployment and platform expansion strategy.

  • Brookfield Completes Acquisition of Oaktree
    August 3, 2026
    Buyer
    Brookfield Asset Management Ltd, Brookfield Corporation
    Target
    Oaktree
    Industry
    Financial Services
    Location
    New York, United States
    Type
    Buyout

    Brookfield today announced that it has completed its acquisition of Oaktree, a global credit manager. The deal brings together the Oaktree and Brookfield platforms, strengthening Brookfield’s global credit offering across opportunistic credit, real asset credit, asset-backed finance, and corporate performing credit.

  • Brookfield and GIC Acquire National Storage REIT (Australia) for A$6.7B
    May 10, 2026
    Buyer
    Brookfield, GIC
    Target
    National Storage REIT, National Storage
    Industry
    Real Estate
    Location
    Australia
    Type
    Buyout

    Brookfield and GIC have completed their A$6.7 billion (US$4.8 billion) all-cash take-private acquisition of Australia’s National Storage REIT. National Storage operates more than 300 self-storage facilities across Australia and New Zealand serving over 100,000 residential and commercial customers.

  • GATX and Brookfield Infrastructure Acquire Wells Fargo Rail Portfolios
    January 1, 2026
    Buyer
    GATX Corporation, Brookfield Infrastructure Partners L.P. (and its institutional partners)
    Target
    Wells Fargo's rail operating lease portfolio, Wells Fargo's rail finance lease portfolio
    Seller
    Wells Fargo & Company
    Industry
    Transportation
    Location
    California, United States
    Type
    Divestiture

    GATX Corporation and Brookfield Infrastructure Partners completed the acquisition of Wells Fargo's rail leasing portfolios on January 1, 2026. GATX and Brookfield purchased Wells Fargo's rail operating lease portfolio (~101,000 railcars) for about $4.2 billion via a joint venture, while Brookfield separately acquired Wells Fargo's rail finance lease portfolio (~22,000 railcars and ~400 locomotives); GATX will manage the railcars for the joint venture.

  • Brookfield To Acquire Fosber in $900 Million Industrial Technology Deal
    December 3, 2025
    Buyer
    Brookfield Capital Partners, Brookfield Business Partners, Brookfield Private Equity Group
    Target
    Fosber
    Seller
    Guangdong Dongfang Precision
    Industry
    Industrial Services
    Location
    Italy
    Type
    Buyout

    Brookfield has agreed to acquire Fosber, a global manufacturer of high-speed corrugating machinery and industrial technology solutions for the packaging sector, in a transaction valued at approximately $900 million. The deal is structured as a carve-out from Guangdong Dongfang Precision and is expected to close in 2026, subject to regulatory approvals.

  • Brookfield to Acquire Remaining 26% Stake in Oaktree for About $3 Billion
    October 13, 2025
    Buyer
    Brookfield Asset Management Ltd. (BAM), Brookfield Corporation (BN)
    Target
    Oaktree
    Industry
    Financial Services
    Location
    United States
    Type
    Buyout

    Brookfield Asset Management (BAM) and Brookfield Corporation (BN) have announced a proposed transaction in which Brookfield will acquire the remaining 26% interest it does not already own in Oaktree, taking Oaktree to 100% ownership. The deal is valued at about $3 billion and is expected to close in the first quarter of 2026, subject to regulatory approvals and customary closing conditions.

  • Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield Acquire Air Lease Corporation
    September 2, 2025
    Buyer
    Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds (Apollo), Brookfield, Sumisho Air Lease Corporation (Ireland) DAC
    Target
    Air Lease Corporation
    Industry
    Transportation
    Location
    California, United States
    Type
    Buyout

    Air Lease Corporation has entered into a definitive merger agreement to be acquired in a 100% cash transaction by a newly established holding company, Sumisho Air Lease Corporation (Ireland) DAC, backed by Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds, and Brookfield. The deal values Air Lease at about $7.4 billion (approximately $28.2 billion including assumed/refinanced debt) at $65.00 per share, with expected closing in the first half of 2026.

  • Brookfield to Acquire 19.7% Indirect Stake in Duke Energy Florida for $6B
    August 5, 2025
    Buyer
    Brookfield
    Target
    Duke Energy Florida
    Seller
    Duke Energy
    Industry
    Utilities
    Location
    United States
    Type
    Growth capital

    Duke Energy announced a definitive agreement for Brookfield to acquire a 19.7% indirect equity interest in Duke Energy Florida for $6 billion in cash. Duke Energy will retain 80.3% and continue to operate the utility, with the investment supporting Duke Energy Florida’s grid modernization, resiliency projects, and generation enhancements while also strengthening Duke Energy’s balance sheet.

  • Brookfield Infrastructure to acquire Colonial Enterprises (Shell stake)
    July 31, 2025
    Buyer
    Colossus AcquireCo LLC, Brookfield Infrastructure Partners L.P.
    Target
    Colonial Enterprises, Inc.
    Seller
    Shell Midstream Operating LLC, Koch Capital Investments Company, LLC, KKR-Keats Pipeline Investors, L.P., Caisse de dépôt et placement du Québec, IFM Investors (IFM)
    Industry
    Transportation
    Location
    United States
    Type
    Buyout

    Shell Midstream Operating LLC agreed to sell its 16.125% interest in Colonial Enterprises, Inc. to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure Partners L.P., for $1.45 billion. The broader transaction involved Brookfield acquiring Colonial from all co-owners, with Shell divestment expected to close in Q4 2025; the Shell sale was later reported as completed in July 2025.

  • Brookfield Acquires National Grid Renewables; Rebrands as Geronimo Power
    May 30, 2025
    Buyer
    Brookfield Asset Management, Brookfield Renewable Partners L.P.
    Target
    National Grid Renewables (now Geronimo Power)
    Seller
    National Grid plc
    Industry
    Renewable Energy
    Location
    Minnesota, United States
    Type
    Buyout

    Brookfield Asset Management, together with its institutional partners including Brookfield Renewable Partners, completed the acquisition of National Grid Renewables from National Grid plc and will operate the business under the Geronimo Power brand. The Minneapolis-headquartered company develops and operates utility-scale solar, wind and energy storage (about 2 GW operating, 1 GW under construction and ~20 GW in development) and will continue scaling Brookfield’s U.S. renewables platform.

  • Brookfield Asset Management and CDPQ Acquire Antylia Scientific from GTCR
    May 28, 2025
    Buyer
    Brookfield Asset Management (private equity business), Brookfield Business Partners, CDPQ (Caisse de dépôt et placement du Québec)
    Target
    Antylia Scientific
    Seller
    GTCR
    Industry
    Medical Devices
    Location
    Illinois, United States
    Type
    Buyout

    Brookfield Asset Management's private equity business, together with Brookfield Business Partners and CDPQ, completed the acquisition of Antylia Scientific from GTCR for approximately $1.3–$1.34 billion. Antylia, headquartered in Vernon Hills, Illinois, is a diversified life‑sciences tools manufacturer and distributor serving biopharma, clinical diagnostics and environmental testing markets; the transaction represents a PE exit after a decade of GTCR partnership and transformational growth.

  • Brookfield Asset Management to Acquire Majority Stake in Angel Oak Companies, LP
    April 1, 2025
    Buyer
    Brookfield Asset Management Ltd.
    Target
    Angel Oak Companies, LP
    Seller
    Angel Oak Companies, LP (shareholders/ownership group not specified)
    Industry
    Financial Services
    Location
    United States
    Type
    Buyout

    Brookfield Asset Management Ltd. agreed to acquire a majority of Angel Oak Companies, LP, the parent of Angel Oak Asset Management Holdings and Angel Oak Capital Advisors. The transaction is expected to complete by September 30, 2025, subject to customary closing conditions and potential fund advisory agreement changes under the Investment Company Act of 1940.

Related Acquisition Pages

Financial Services Buyers & Acquisitions 6 tracked deals by Brookfield Business Partners. Renewable Energy Buyers & Acquisitions 6 tracked deals by Brookfield Business Partners. Transportation Buyers & Acquisitions 4 tracked deals by Brookfield Business Partners. Construction Buyers & Acquisitions 2 tracked deals by Brookfield Business Partners. Acquisitions in California 5 tracked deals by Brookfield Business Partners. Acquisitions in Texas 4 tracked deals by Brookfield Business Partners. Acquisitions in Florida 3 tracked deals by Brookfield Business Partners. Acquisitions in Illinois 2 tracked deals by Brookfield Business Partners.

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