PJT Partners completed its acquisition of CamberView Partners Holdings, an advisory firm providing independent advice to assist public company boards of directors and management teams in building strong and successful relationships with investors.
According to a related 8-K filing, PJT acquired 50% ownership of CamberView for total consideration of $165 million, comprised of $100 million in equity and $65 million in cash. The company financed the $65 million cash consideration with $35 million in cash on hand and a $30 million term loan provided by First Republic Bank. According to the filing, First Republic also provided a revolving credit facility with aggregate commitments of up to $40 million.
PJT Partners offers expertise across M&A, strategic advisory and capital raising.