Aurora Capital Partners, has agreed to acquire Grace Hill from investment funds managed by Stone Point Capital LLC. Grace Hill is a talent and customer management services provider for commercial and multifamily real estate covering policies, training, assessment and surveys.
“Grace Hill’s acquisition marks an exciting opportunity to further bolster our core products and elevate performance for our clients through talent growth, resident and tenant retention and reduced operational risk,” said Dru Armstrong, chief executive officer at Grace Hill. “It is an honor and humbling that two highly regarded investment firms, Stone Point and now Aurora Capital, have recognized our best-in-breed talent solution and our ability to drive client success in multifamily and commercial real estate. On behalf of the entire Grace Hill leadership team, we look forward to working closely with Aurora to build on our past achievements and elevate the solutions and level of support we deliver to clients.”
“Stone Point’s support helped us revolutionize the way the multifamily and commercial real estate industries manage talent and property performance,” said Kendall Pretzer, chief operating officer for Grace Hill. “We are excited to continue on that momentum and deliver even greater solutions and services to our clients.”
William Blair acted as exclusive financial advisor to Grace Hill on the transaction. Baird acted as exclusive financial advisor to Aurora on the transaction.