Blue Owl Capital Inc. entered into an agreement to acquire Prima Capital Advisors LLC from Stone Point Capital LLC for approximately $220 million.
Berkshire Global Advisors L.P. and J.P. Morgan Securities LLC are serving as lead financial advisors to Blue Owl in connection with the transaction. Natixis Corporate & Investment Banking, Wells Fargo, Newmark and Scotiabank are also acting as co-advisors to Blue Owl. Christopher Gandia, James Mayne and Eric Sweigard of Kirkland & Ellis LLP is serving as legal advisor to Blue Owl. Morgan Stanley & Co. LLC is serving as financial advisor to Prima. Todd E. Lenson, Howard T. Spilko, Arlene J. Ortiz-Leytte, Marissa J. Holob, Abraham (Avi) Reshtick and Kevin P. Scanlan of Kramer Levin Naftalis & Frankel LLP acted as legal advisor to Prima Capital Advisors LLC and Stone Point Capital LLC. Andrew Weiner, Stephen Amdur, Brett Willis, Nora Burke, Mark Jones , James Campbell and Alex Lathrop of Pillsbury Winthrop Shaw Pittman LLP are serving as legal advisors to Prima.