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Plymouth Industrial REIT Completes Go-Private Acquisition Deal

Story Highlights
  • Makarora and Ares closed a $2.1 billion cash acquisition of Plymouth Industrial REIT on January 27, 2026.
  • Following the merger, Plymouth shareholders receive $22 per share, the REIT delists from the NYSE, and transitions to private ownership with new governance in place.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Plymouth Industrial REIT Completes Go-Private Acquisition Deal

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The latest announcement is out from Plymouth Industrial Reit ( (PLYM) ).

On January 27, 2026, Makarora Management LP, together with Ares Alternative Credit funds, completed its previously announced all-cash acquisition of Plymouth Industrial REIT in a transaction valued at approximately $2.1 billion, under which Plymouth shareholders will receive $22.00 per share and all restricted and performance-based equity awards were cashed out in accordance with the merger terms. With the closing of the REIT and partnership mergers, Plymouth’s common stock is being delisted from the New York Stock Exchange, its public reporting obligations will be terminated, its board and senior officers have resigned in connection with the change of control, and the company will continue as a private entity under the ownership and governance structures put in place by the merger parties.

The most recent analyst rating on (PLYM) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on Plymouth Industrial Reit stock, see the PLYM Stock Forecast page.

Spark’s Take on PLYM Stock

According to Spark, TipRanks’ AI Analyst, PLYM is a Neutral.

The score is driven primarily by mixed financial performance (revenue decline, negative TTM EBIT, and elevated leverage) offset by a strong corporate catalyst (approved $22/share cash buyout with near-term expected closing). Valuation is supportive (low P/E and solid yield), while technicals are largely neutral.

To see Spark’s full report on PLYM stock, click here.

More about Plymouth Industrial Reit

Plymouth Industrial REIT, Inc. is a full-service, vertically integrated real estate investment company focused on acquiring, owning and managing single- and multi-tenant industrial properties, aiming to provide tenants with cost-effective, functional, flexible and safe space.

Average Trading Volume: 1,515,390

Technical Sentiment Signal: Buy

Current Market Cap: $990M

For a thorough assessment of PLYM stock, go to TipRanks’ Stock Analysis page.

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