Duff & Phelps to be Acquired by Global Investor Consortium for $4.2 Billion
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Wednesday, January 22, 2020
Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced that a global investor consortium led by funds managed by Stone Point Capital and Further Global has agreed to acquire Duff & Phelps for $4.2 billion.
Key Points:
- Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced that a global investor consortium led by funds managed by Stone Point Capital and Further Global has agreed to acquire Duff & Phelps for $4.2 billion.
- As part of the transaction, the Duff & Phelps management team will maintain a meaningful equity stake in the firm and continue to lead the company.
- Duff & Phelps advises clients in the areas of valuation, corporate finance, investigations, disputes, cybersecurity, compliance and regulatory matters, and other governance-related issues.
- Noah Gottdiener, Chief Executive Officer of Duff & Phelps, commented, This partnership marks a vote of confidence in the long-term growth of Duff & Phelps.