November 13, 2023
On November 9, 2023, Altus Group Limited (“Altus Group”), a leading provider of asset and fund intelligence for commercial restate, announced it has signed a definitive agreement to acquire the commercial real estate valuation and advisory services business of Situs Group LLC (a SitusAMC Company) for $225 million in cash. Cravath is representing Altus Group in connection with the transaction.
The Cravath team is led by partners David J. Perkins and William V. Fogg and includes associates Abhilasha Gokulan and Lyudmila D. Kirichenko on M&A matters; partner Arvind Ravichandran on tax matters; partner Amanda Hines Gold and associates Brendon J. Rivard and Celine Li on executive compensation and benefits matters; partner David J. Kappos and associates Kathryn-Ann Stamm and David M. Ungar on intellectual property matters; partner Daniel K. Zach and practice area attorney Nicole M. Peles on antitrust matters; senior attorney Annmarie M. Terraciano and associate Star S. Gulant on environmental matters; and senior attorney Joyce Law and practice area attorney Lauren Piechocki on real estate matters. Penina Su and Yeana Lee also worked on M&A matters; Gregg M. Rader and William Swisher also worked on tax matters; Matthew L. Ybarra also worked on intellectual property matters; and Tal Bright also worked on antitrust matters.
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