Värde Partners buys Trimont Real Estate Advisors

By Luisa Beltran — 3 months ago

Värde Partners has closed its buy of majority stake in Trimont Real Estate Advisors. Financial terms weren’t announced. Trimont’s current owners will have a minority investment in the new entity, which is retaining the Trimont name. Trimont is a real estate financial services provider with $85 billion of client capital under management. Raymond James advised Trimont.


GE’s to sell Australia, NZ consumer finance unit for $6.26 bln

By Luisa Beltran — 9 months ago

Värde Partners, KKR and Deutsche Bank have agreed to buy GE Capital’s Australia and New Zealand consumer lending business for A$8.2 billion (US$6.26 bln). The unit, A partner to many retailers in Australia and New Zealand, provides personal loans, credit cards and interest free retail finance. It has more than 3 million customers. Credit Suisse and Morgan Stanley provided advice to GE, while Bank of America Merrill Lynch, Moelis & Company and Citi advised the consortium.


Värde Partners Enables SAV Exit

By Angela Sormani — 4 years ago

Global fund manager Värde Partners has agreed to acquire SAV Credit Limited, a UK-based specialist credit card provider, from majority shareholders Palamon Capital Partners, Electra Private Equity and Morgan Stanley Alternative Investment Partners in a deal worth £472 million. Palamon, Electra, and Morgan Stanley have supported the development of SAV from a start-up in 2002. Värde Partners first partnered with SAV Credit in March 2010 and is acquiring the business as part of its strategic growth plans.