Rpt Realty
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | $2.0b Valuation: $2.0b -119.3x EV/Revenue 17.1x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (2 %) | (10 %) | (18 %) | 11 % | 2 % | (108 %) | 359 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 57 % | 57 % | 54 % | 55 % | 54 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 7 % | 39 % | (5 %) | 32 % | 39 % | 281 % | 119 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
In 1955, Aaron and William Gershenson laid the foundation for what would become a significant player in the real estate sector by establishing A & W Management Company. This venture marked the beginning of a family legacy in real estate management and development.
Fast forward to 1975, William's four sons—Joel, Dennis, Richard, and Bruce Alan—along with Mike Ward, took the reins and founded Ramco Gershenson. Each partner brought unique expertise to the table, overseeing different divisions of the company. This strategic division of labor allowed the company to expand its reach and capabilities.
During the late 1970s and early 1980s, the company made a name for itself by developing 35 Kmart stores, showcasing its ability to handle large-scale projects and partnerships. This period of growth set the stage for a pivotal moment in 1996 when Ramco Gershenson merged with RPS Realty Trust. This merger was not just a union of companies but a strategic move that allowed the newly formed entity to go public through a reverse merger.
Today, RPT Realty stands as a testament to the Gershenson family's vision and adaptability in the ever-evolving real estate market. The company's journey from a family-run business to a publicly traded entity highlights its resilience and strategic foresight in navigating the complexities of real estate investment and management.