secwatch.observer — SEC 8-K summary
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Issuer:     Bridge Investment Group Holdings Inc. (—)
CIK:        0001854401
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0001854401-23-000057
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854401/000185440123000057/0001854401-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854401/000185440123000057/brdg-20230331.htm
  HTML page:      https://secwatch.observer/filing/0001854401-23-000057

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