HomeUSAEldridge Industries Closes $1.36 Billion Equity Investment

Eldridge Industries Closes $1.36 Billion Equity Investment

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EldridgeEldridge Industries, a Greenwich, Conn.-based private investment firm, closed a $1.36 billion of common equity.

The equity was issued to a partnership owned substantially by Swiss businessman and philanthropist, Hansjörg Wyss, and Eldridge Co-Founder, CEO and controlling-member, Todd Boehly. This marks the second investment the Wyss and Boehly partnership have made into Eldridge.

The proceeds will further capitalize the firm and drive strategic growth across the company’s businesses.

Eldridge Industries invests across diversified industries with a focus on:
– asset management and leasing;
– food, convenience, and consumer experiences;
– real estate lending and development;
– retirement income, insurance, and insurance technology;
– sports and media.

In particular, the firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise.
Investments include Security Benefit, CBAM, Stonebriar Commercial Finance, Cain International, Essential Properties Realty Trust, and Valence Media.

Eldridge has additional offices in Beverly Hills, New York, and London.

FinSMEs

15/04/2019

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