PAC 1.44% $10.25 pacific current group limited

Ann: PAC increases stake in Roc Partners, page-2

  1. 55 Posts.
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    looks like a healthy valuation. $6.8m for 12% means the business is valued at $57m and this for a minority so 100% valuation could be north of $75m after say a 25% minority discount. It is difficult to assess without knowing how much of the valuation includes performance fees. PAC paid $95m for Victory Park which is going to generate $9.5m as disclosed in the announcement. They are different businesses but hopefully ROC was acquired at a multiple that is not dilutive to the stock multiple.
 
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