Polsinelli Advises Grandview Property Partners in Sale to Artisan Partners
Polsinelli recently advised Grandview Property Partners (Grandview), a real estate private equity firm focused on middle-market properties across the United States, in its sale to Artisan Partners Asset Management (Artisan Partners). This transaction highlights Polsinelli’s experience and sophistication in acquisitions and strategic transactions involving real estate related asset and investment management firms.
Artisan Partners’ acquisition of Grandview supports its expansion into alternative investments by adding Grandview’s private real estate investment platform to Artisan Partners’ multi-asset capabilities.
As Grandview’s President, Dean Sotter noted, “We are excited for our next chapter and thank the Polsinelli team for their wisdom, guidance and hard work in helping us throughout the structuring, negotiation and execution of the transaction.”
Rajesh Menon, Grandview’s Chief Executive Officer, echoed this, noting further that “Polsinelli worked cooperatively together with us, Artisan and their counsel to help ensure that the deal was as seamlessly executed as possible.”
More information about this transaction can be found here.
The Polsinelli team involved in this matter was led by Shareholders Michael D. Rosenthal and Jason S. Samuels. Additional support was provided by Shareholders Jeffrey A. Goldman and Bert Stemmler and Associates Jerome L. Thomeczek, Evan Merritt, Andrew H. Cowden and Madison M. Boone.
Michael D. Rosenthal, a shareholder in Polsinelli’s Investment Strategies and Capital Solutions Group, stated: “We are honored that Grandview selected Polsinelli to assist it with its acquisition by Artisan Partners. This transaction gave us an opportunity to further display our deep experience in acquisitions and dispositions of emerging real estate asset and investment managers, whether in true acquisitions, acquihires or joint ventures. With the increased dynamism in the real estate asset and investment management industry, we believe we are well situated to assist emerging managers as they contemplate transformative transactions.”
