Hilbert Group acquires digital asset management firm Liberty Road Capital

Nasdaq-listed Hilbert Group AB announced that it has agreed to acquire digital asset management company Liberty Road Capital (LRC). It is reported that the acquisition is a pure equity asset acquisition, including profit and prepayment components. The full acquisition transaction is expected to be completed in January 2025. Hilbert Group will acquire all Liberty Road businesses, including all asset management agreements, existing Customer relationships, all intellectual property and key employees. The specific acquisition amount has not been disclosed.