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C-III Capital Partners to Acquire NAI Global

NEW YORK CITY-NAI will continue to operate as a separate company under its current management, according to C-III following the acquisition.

By Jacqueline Hlavenka | Updated on June 22, 2011

NEW YORK CITY-In the latest major deal in the M&A arena, C-III Capital Partners LLC has entered into a definitive agreement to acquire NAI Global, reportedly the largest network of independent commercial real estate firms worldwide, the company revealed Wednesday morning.

C-III, led by Andrew L. Farkas, founder, chairman and CEO of Insignia Financial Group, Inc., says NAI Global will continue to operate as a separate company under its current management. With 5,000 employees worldwide, NAI currently manages a network of 350 offices in the US and 55 countries throughout the world.

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