OTPP in Investor Group to Acquire Cassidy Turley
Founded in Baltimore, Cassidy Turley, a commercial real estate firm, is being bought out by Texas-based TPG Capital, PAG Asia Capital and the Ontario Teachers’ Pension Plan (OTPP). The investor group plans to merge Cassidy Turley with Chicago-based DTZ, a property services company. DTZ Investment Holdings, backed by the investor group, will acquire Cassidy Turley. The combined company will keep the DTZ brand. The deal is expected to close December 31.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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