Boca Raton, Florida-based DigitalBridge Group, Inc. (NYSE: DBRG) has entered into an agreement with affiliates of investment firm Wafra Inc. to acquire Wafra’s 31.5% ownership in DigitalBridge’s investment management subsidiary (DigitalBridge IM) for US$410 million of newly issued Class A common stock in DigitalBridge and cash consideration of US$390 million, for a total price of US$800 million.