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Great Hill Partners Announces Strategic Investment From Blackstone Gp Stakes

Nov 12, 2021over 3 years ago
Boston

Description

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, and Blackstone (NYSE:BX) today jointly announced a new partnership in which funds managed by Blackstone GP Stakes will acquire a minority ownership interest in Great Hill Partners. Blackstone GP Stakes specializes in value-added, long-term investments in the management companies of leading private equity firms.

Company Information

Company

Great Hill Partners

Location

Boston, Massachusetts, United States

About

Great Hill Partners is a Boston-based private equity firm targeting investments of $25 million to $500 million in high-growth companies across the software, digital commerce, financial technology, healthcare, and digital infrastructure sectors. Over the past two decades, Great Hill has raised nearly $8 billion of commitments and invested in more than 90 companies, establishing an extensive track record of building long-term partnerships with entrepreneurs and providing flexible resources to help middle-market companies scale. For more information, including a list of all Great Hill investments, visit www.greathillpartners.com