---
schema_version: "secwatch.filing_event.v1"
accession: "0001854401-23-000057"
form_type: "8-K"
ticker: null
cik: "0001854401"
company_name: "Bridge Investment Group Holdings Inc."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T07:17:38.388503+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bridge Investment Group completes $320.1M cash acquisition of Newbury Partners

## Summary
- Acquired substantially all assets of Newbury Partners for $320.1M in cash; closed March 31, 2023.
- Newbury specializes in private equity secondaries with $4.3B fee-earning AUM as of Dec 31, 2022.
- Newbury has raised over $6.2B across five funds and invested in over 500 underlying interests.
- Transaction expected to be immediately accretive to Bridge's core earnings metrics.
- Financial statements and pro forma information to be filed within 71 days via Form 8-K/A.

## SEC filing metadata
- accession: 0001854401-23-000057
- form_type: 8-K
- cik: 0001854401
- company_name: Bridge Investment Group Holdings Inc.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854401/000185440123000057/0001854401-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854401/000185440123000057/brdg-20230331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001854401-23-000057
- JSON: https://secwatch.observer/filing/0001854401-23-000057.json
- Plain text: https://secwatch.observer/filing/0001854401-23-000057.txt

## Key facts
- M&A Transactions
  Bridge Investment Group Holdings Inc. completed an acquisition involving Newbury Partners LLC for $320.1 million in cash (closed 2023-03-31).
  - Action: acquisition
  - Counterparty: Newbury Partners LLC
  - Consideration: $320.1 million in cash
  - Closing: 2023-03-31
  source text: On March 31, 2023, pursuant to the terms and conditions of the Asset Purchase Agreement (the “Asset Purchase Agreement”), dated as of February 13, 2023, by and among Bridge Investment Group Holdings LLC, a Delaware limited liability company (a controlled subsidiary of Bridge Investment Group Holdings Inc. (“Bridge”)) (the “Operating Company”), Newbury Partners-Bridge LLC, a Delaware limited liability company (an indirect majority owned subsidiary of the Operating Company, the “Buyer”), Newbury Partners LLC, a Delaware limited liability company (the “Seller”), Richard Lichter, an individual, and RLP Navigator LLC, a Delaware limited liability company (“RidgeLake,” and together with Richard Lichter, the “Newbury Holders”), the Buyer purchased substantially all of the Seller’s assets, assumed certain of the Seller’s liabilities and paid the Seller $320.1 million in cash, subject to certain purchase price adjustments as set forth in the Asset Purchase Agreement (the “Acquisition”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854401/000185440123000057/0001854401-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.