Bridge Investment Group to Acquire the Business of Newbury Partners, Diversifying Bridge's Product Offerings and Client Base with Leading PE Secondaries Platform

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Feb 14, 2023

Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced it has entered into a definitive agreement to acquire substantially all of the business of Newbury Partners LLC (“Newbury”), an investment manager that specializes in acquiring limited partnership interests in private equity funds through secondary transactions. The all-cash transaction is valued at $320.1 million.