BGC Offers More Clues To Frederick Ross Pricing

How much did BGC Partnersthe parent company of Newmark Knight Frankpay to acquire Frederick Ross Co last year? Weve been given more clues to pricing by studying BGCs recent SEC filing. The company reports that year-end acquisition costs for three companies--including Frederick Ross, Philly-based Smith Mack brokerage firm, and muni bonds dealer Wolfe & Hurst--totaled $24.5M. We snapped a smiling BGC Partners chairman Howard Lutnick last November in NYC.

Happy Pi Day! How are you celebrating? Email jarred@bisnow.com.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Escape Game, Game Show Experience Coming To RiNo: The Denver Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Conversions Ramp Up As New Report Calls For Resident-Led Downtown Denver Recovery

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error