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New Mountain's Net Lease Strategy Acquires 53-Asset Portfolio for $640 Million
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[September 09, 2025] New Mountain's Net Lease Strategy Acquires 53-Asset Portfolio for $640 Million TweetNew Mountain Capital, LLC (the "Firm" or "New Mountain"), a leading growth-oriented alternative investment firm headquartered in New York, today announced that funds advised by New Mountain Net Lease have completed the acquisition of a 53-asset net lease portfolio for $640 million.
The transaction represents New Mountain Net Lease's largest acquisition since the strategy's inception in 2016.
"We are pleased to announce this milestone transaction for New Mountain Net Lease," said Teddy Kaplan, Managing Director and Head of New Mountain Net Lease.
To date, New Mountain's Net Lease strategy has completed $3.5 billion of net lease acquisitions across 65 transactions.
"This acquisition builds upon the strong momentum we've developed at New Mountain Net Lease over the past several years," said Steve Klinsky, Founder and CEO of New Mountain.
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