RE services provider Great America Holdings buys ABL services firm
Oaktree-backed real estate services provider Great America Holdings (GA Group) is acquiring CBC Group, a company specialising in asset-based lending collateral monitoring services.
According to Great America Holdings, the integration of CBC into the firm will extend its footprint across North America, including Canada.
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“The acquisition of CBC is a significant and exciting step forward for GA Group,” said Dan Shribman, chief executive officer of GA Group. “It is a testament to our commitment to expanding our comprehensive service offerings and delivering unmatched value to our clients.”
GA Group monetises, lends against and acquires assets across sectors, both healthy and distressed. It is majority-owned by funds managed by Oaktree Capital Management.
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“Since 2002, CBC has built trusted relationships with lenders by focusing on integrity, accuracy, and a deep understanding of our clients’ needs,” said Devinder Chaudhary, CPA, managing director at CBC. “Joining GA Group allows us to strengthen that legacy and scale our capabilities across North America. Together, we are creating an even stronger partner for the commercial lending community, one defined by expertise, collaboration, and shared purpose.”
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