From The Real Deal · TRD Staff · · 40s
EQT Acquires Stockbridge Capital for $550M
EQT buys San Francisco real estate firm Stockbridge for up to $550 million.
In brief
EQT buys San Francisco real estate firm Stockbridge for up to $550 million. EQT acquires Stockbridge Capital Group for $375 million cash plus potential $175 million, folding it into EQT Real Estate. Originally reported by The Real Deal.
EQT Acquires Stockbridge Capital
Swedish investment giant EQT agreed to acquire San Francisco-based Stockbridge Capital Group for up to $550 million.
Deal Terms and Conditions
EQT will pay $375 million in cash, with potential $175 million more if specific conditions are met over the next several years.
Stockbridge Portfolio Details
Stockbridge owns nearly $27 billion in real estate, 93 million square feet of commercial space, and 20,000 residential units.
Here's the gist
EQT acquires Stockbridge Capital Group for $375 million cash plus potential $175 million, folding it into EQT Real Estate.
