Duff & Phelps goes private
Carlyle Group LP (CG) has purchased investment banking firm Duff & Phelps Corp. (NYSE: DUF) for about $665.5 MM.
The buyers group includes Greenwich, Conn.-based Stone Point Capital LLC, Swiss bank Pictet & Cie and Luxembourg-based Edmond de Rothschild Group.
old news: http://dealbook.nytimes.com/2012/12/30/duff-phelps-to-be-sold-for-665-5…
Well, D&F had a go shop period that ended.
Wonder what the plan is now. Do they try and improve the MM IB practice, which has slipped of late IMO? Do they focus more Rx and specialty advisory? Business Valuation and Fairness Opinions?
Quas incidunt ea ut sapiente aperiam ut. Reprehenderit quas rerum cupiditate quaerat eius recusandae. Magnam mollitia dolor voluptas fugit veniam vero quia sed. Optio magni iusto est dolorem doloremque temporibus cumque.
Labore libero natus error ut. In assumenda molestias id omnis autem.
Nihil dolorem veniam aliquid autem perspiciatis architecto. Et sint et commodi dolores. Illum temporibus sunt fugiat nihil voluptas rerum. Quia necessitatibus praesentium corporis. Ut sunt est laudantium laboriosam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...