Blackstone GP Stakes Acquires Minority Stake in Great Hill Partners
November 12, 2021
Funds managed by Blackstone GP Stakes have acquired a minority ownership interest in Boston-based private equity firm Great Hill Partners. The minority investment is intended to support Great Hill’s continued growth and investment strategy; Evercore served as financial advisor to Great Hill while Kirkland & Ellis and Fried Frank served as legal counsel to Great Hill and Blackstone, respectively.
- Buyers
- Blackstone GP Stakes
- Targets
- Great Hill Partners
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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