On January 6, 2025, Mesirow Financial Holdings, Inc. announced its acquisition of Bastion Management LLC.
Mesirow Financial Holdings, Inc. (“Mesirow”) announced, on January 6, 2025, that it acquired Bastion Management LLC (“Bastion”). Bastion will now operate within Mesirow Global Investment Management. The acquisition closed on December 31, 2024. Further terms of the deal were not disclosed.
Mesirow, based in Chicago, is an independent, employee-owned financial services firm specializing in capital markets, investment banking, and advisory services. As of September 30, 2024, Mesirow had approximately $302.6 billion in total assets under supervision.
Bastion, based Stamford, Connecticut, is a private credit manager lending to the lower middle market across sectors and geographies. The firm serves a sophisticated investor base of endowments, institutional investors, family offices and high net worth individuals. As of January 2025, Bastion had over $2 billion in total commitments. Berkshire Global Advisors served as financial advisor to Bastion on this transaction.
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