ORIX Corporation to Acquire NXT Capital

July 13, 2018

On July 2, 2018, ORIX Corporation announced an agreement to acquire NXT Capital, Inc.

Under the terms of the agreement, ORIX Corporation (“ORIX”), via its group company in the U.S., ORIX Corporation USA (“OCU”), will acquire all of the shares of NXT Capital, Inc. (“NXT”). The transaction is expected to close in August 2018 and is subject to regulatory approval. Other financial terms of the agreement were not disclosed.

ORIX (NYSE:IX) is a Japan-based global investment manager with business activities primarily in energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services.

OCU is a Dallas-based asset manager and provides services in the corporate, real estate, municipal infrastructure and energy sectors. OCU has approximatly $730 million in assets under management as of March 31, 2018.

NXT is a Chicago-based independent loan and asset management company engaged primarily in middle-market leveraged finance, asset management operations and real estate finance in the U.S. NXT has approximately $3.6 billion in assets under management as of December 31, 2017.

To read the press release: please click here.


Investment Manager M&A, Transactions