Makarora Completes Acquisition of Plymouth Industrial REIT for $2.1 Billion

Makarora Management LP has completed the acquisition of Plymouth Industrial REIT in an all-cash transaction valued at approximately $2.1 billion. The transaction involves Plymouth shareholders receiving $22.00 per share. KeyBanc Capital Markets and J.P. Morgan Securities acted as Plymouth's financial advisors, while Moelis & Company led Makarora's financial advisory team. The deal marks a significant investment for Makarora, a New York-based investment management firm, and Ares Alternative Credit funds.