Software solutions

Aurora Capital Partners acquires real estate software solutions provider Grace Hill

LOS ANGELES, May 4, 2021 /PRNewswire/ — Aurora Capital Partners (“Aurora”), a leading middle-market private equity firm, today announced that it has acquired Grace Hill (the “Company”), a leading provider of comprehensive software solutions focused on talent performance and client experience for the real estate market, investment funds managed by Stone Point Capital LLC (“stone point“). Terms of the transaction were not disclosed.

Grace Hill provides the industry’s only talent and performance management solutions covering policies, training and assessment. These solutions are designed to develop and retain top property management talent, improve property performance and reduce business risk.

“We are delighted to partner with Dr Armstrong, Kendall Pretzerand their team through the next phase of Grace Hill’s growth,” said Rob Fraser, Partner at Aurora. “The management team has created an integrated multi-product platform that lays the foundation for accelerated expansion in the future. As a true market leader with excellent stability characteristics and potential for significant growth, Grace Hill is well suited to Aurora’s buy, build and partner strategy.”

“Aurora has an exceptional track record of partnering closely with leadership teams to accelerate growth prospects,” said Dr Armstrong, CEO of Grace Hill. “In recent years, in partnership with stone point, Grace Hill has been fortunate to continue to grow our business and build stronger partnerships with our customers. We look forward to leveraging Aurora’s deep expertise and hands-on experience to build on our significant momentum. »

Based at Greenville, South Carolina, the company serves approximately 75% of major multi-family property operators, affordable housing managers, and commercial office owners and managers. More than 500,000 professionals and 1,700 businesses across the country rely on Grace Hill’s series of solutions.

“Our mission is to help the multi-family and commercial real estate industries develop their talent base to improve their performance,” said Kendall Pretzergeneral manager of Grace Hill. “Partnering with Aurora will allow us to further enhance our product offerings and better serve our current and future customers.”

Aurora’s investment in Grace Hill follows its recently announced acquisition of Curtis Bay and represents Aurora Equity Partners VI’s fourth investment, which was activated in September. Grace Hill is the latest Aurora portfolio company to offer software solutions, including additional investments in the Zywave Platform and FMG Suite over the past year.

William Blair acted as exclusive financial advisor to Grace Hill in connection with the transaction. Baird acted as exclusive financial advisor to Aurora on the transaction.

About Aurora Capital Partners
Aurora Capital Partners is a leading private equity firm primarily focused on controlling investments in middle-market companies with market-leading positions, stable industry dynamics, attractive business model characteristics and concrete growth opportunities in partnership with management. Aurora provides unique resources to its portfolio companies through its strategy and operations program and team of experienced operational advisors. Aurora’s investors include public and corporate pension funds, endowments and foundations active in private equity investing. For more information about Aurora Capital Partners, visit: auroracap.com.

On Grace Hill
Grace Hill provides technology-enabled talent performance solutions that help real estate property owners and operators increase property performance, reduce operational risk, and develop top talent. Its industry-leading solutions covering policy, training, valuation and data-driven insights are backed by years of real estate experience, deep service level expertise and exceptional customer support. Today, more than 500,000 real estate professionals from over 1,700 companies trust the talent performance solutions of Grace Hill. Visit us at gracehill.com or on LinkedIn.

Aurora Media Contacts

Steve Bruce / Taylor Ingraham
CSA Advisors
203-992-1230
[email protected] / [email protected]

SOURCEAurora Capital Partners

Related links

https://www.auroracap.com/