Dallas-based Butler Burgher Group is continuing its expansion tear, with its acquisition of Leitner Group Inc. That company’s founder, Joel Leitner, will continue to lead the New York office, working closely with Susan Kominski, BBG’s senior managing director, Eastern Region.
“Joel has a stellar reputation, clientele and business,” said BBG CEO Diane Butler. “To partner with someone with his leadership, long-term relationships and local expertise is advantageous for BBG, extending our reach even further and giving us a strong presence in New York and the greater Tri-State area.”
The affiliation provides Leitner Group with a national footprint as well as BBG’s branding and advanced technology platform, and strengthens both firms’ capacity to take on large portfolio assignments.
“What we are offering the marketplace is unique—independent valuation services on a national scale,” Leitner said.
Fast-growing BBG ranks among the five largest valuation and consulting firms in the United States, with 21 offices nationwide. The New York office will continue to work on appraisals across all commercial sectors, including office, retail, multifamily, and industrial with special expertise in portfolio projects.
Deloitte Corporate Finance LLC acted as exclusive financial adviser to BBG in its acquisition of Leitner Group. Financial terms of the deal were not disclosed.
For more information on BBG and Diane Butler, see D CEO’s September 2013 profile here.