SBA Acquires Mobilitie Assets From Oaktree

Wireless communications infrastructure provider SBA Communications Corporation, through its wholly-owned subsidiary SBA Monarch Acquisition has acquired assets from Oaktree Capital Management in Mobilitie. Mobilitie owns in excess of 2,300 tower sites in the US and Central America. SBA paid $850 million in cash and issued 5.25 million shares of its Class A common stock, making […]

General Maritime Agrees Plan to Restructure

General Maritime Corporation has agreed a modified plan of reorganization with its creditors’ committee, funds managed by Oaktree Capital Management and holders of more than 40% of the company’s senior notes. General Maritime Corporation is a crude and products tanker company operating from ports in the Caribbean, South and Central America, the United States, West […]

Mortgage Companies Look Ripe for Deals

Several private equity firms have lined up to invest in mortgage providers and servicers in recent weeks, suggesting more firms are eager to get back into a much maligned sector as it staggers out of the Great Recession,Buyouts reports in its March 26 edition. In less than a week, between March 9 and March 14, […]

Sunrise and Oaktree Acquire Dancing Bear Aspen

Sunrise Company, a residential developer and Oaktree Capital Management have acquired private residence club, Dancing Bear Aspen. The intimate luxury mountain retreat has been acquired with no debt. PRESS RELEASE Sunrise Company, one of the country’s most respected residential developers with more than 50 years of experience, and certain funds managed by Oaktree Capital Management […]

Carrington and Oaktree Acquire Rental Properties

Carrington has announced an agreement with Oaktree Capital Management to fund a purchase of up to $450 million in distressed single family homes on a national basis. These homes will be managed as rental properties by Carrington to meet the growing market demand for rental units. PRESS RELEASE Carrington Holding Company, LLC (Carrington) today announced […]

Hanley Wood Completes Refinancing

Hanley Wood, a business-to-business media company serving the housing and commercial design and construction industries, has completed a recapitalization that will reduce its long-term debt from $410 million to $80 million. Hanley Wood’s new ownership group, led by certain funds managed by Oaktree Capital Management, Strategic Value Partners, and Tennenbaum Capital Partners, has invested $35 […]

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