NEW YORK - Wednesday, February 25th 2015 [ME NewsWire]
(BUSINESS WIRE)-- Duff & Phelps Corporation, the premier global valuation and corporate finance advisor, today announced that it has completed its previously announced acquisition of American Appraisal Associates, Inc., a global full-service valuation and fixed asset management advisor.
Noah Gottdiener, Duff & Phelps' Chief Executive Officer, said, “We are delighted to complete this transaction and to begin realizing the full promise of this acquisition. Through this combination we now have a valuation practice that spans every asset class, offered in dozens of markets around the world. We look forward to ensuring that our clients benefit from our unique positioning within the global valuation market."
The American Appraisal brand will transition to Duff & Phelps over the next year. American Appraisal’s Real Estate Advisory Group (“REAG”), which becomes a division of Duff & Phelps with this transaction, will continue to operate under the REAG brand name.
About Duff & Phelps
Duff & Phelps is the premier global valuation and corporate finance advisor with expertise in complex valuation, dispute and legal management consulting, M&A, restructuring, and governance and regulatory consulting. The firm’s more than 2,000 employees serve a diverse range of clients from offices around the world. For more information, visit www.duffandphelps.com.
M&A advisory and capital raising services in the United States are provided by Duff & Phelps Securities, LLC. Member FINRA/SIPC. Pagemill Partners is a Division of Duff & Phelps Securities, LLC. M&A advisory and capital raising services in the United Kingdom and Germany are provided by Duff & Phelps Securities Ltd., which is authorized and regulated by the Financial Conduct Authority.
About American Appraisal
American Appraisal is a leading valuation and related advisory services firm that provides expertise in all classifications of tangible and intangible assets. It comprises 900 employees, operating from cities throughout Asia-Pacific, Europe, North America and South America. Its portfolio of services focuses on four key competencies: Valuation, Transaction Consulting, Real Estate Advisory and Fixed Asset Management. For more information, visit www.american-appraisal.com.
Contacts
Duff & Phelps/American Appraisal
Marty Dauer,
+1 212-871-2116
marty.dauer@duffandphelps.com
or
REAG
Paola Ricciardi,
+39 348 320 9023
pricciardi@reag-aa.com
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