Debevoise Advises Special Committee of the Board of Directors of BGC Partners on $875 Million Acquisition of Berkeley Point Financial

18 July 2017

Debevoise & Plimpton LLP is advising the Special Committee of the Board of Directors of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets, on BGC Partners’ acquisition of Berkeley Point Financial, a leading commercial real estate finance company. The transaction is valued at $875 million and is expected to close during 2017.

Debevoise also advised on BGC Partners’ contemporaneous $100 million minority investment in a new commercial real estate-related finance and investment business alongside Cantor Fitzgerald, L.P.

The Debevoise team is led by partner William D. Regner and includes partner Peter A. Furci and associates Julia J. Ahn, Andrew G. Jamieson and Samuel D. Krawiecz.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.