Seller Details:
The Dot Group is a family of market-leading businesses focused on transforming student living, with a vision to serve over one million students each year. Over the last 30 years, Dot has built an unrivalled presence and track-record in the global student living sector, with access to all aspects of the higher-education universe. The Group’s international reach, market access, intelligence and research capabilities create a highly competitive edge for Dot’s businesses.
The Dot Group is comprised of Global Student Accommodation, Yugo, Student.com, and Kinetic Capital. Together, they operate in more than 180 leading educational cities across 35 countries.
Buyer Details:
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $192 billion in assets under management as of June 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, Blue Owl provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 820 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional.
Transaction Summary:
The Dot Group (“Dot” or the “Group”), the transformational leader in global student living, announced a strategic financing relationship with Blue Owl’s GP Strategic Capital platform (“Blue Owl”), which provides minority equity and financing solutions to private capital managers.