On July 17, 2023, Searchlight Capital Partners announced the acquisition of Gresham House.
Under the terms of the transaction, Searchlight Capital Partners (“Searchlight”) will acquire Gresham House (“Gresham”) for $614.9 million. The deal sees Gresham shareholders receive $14.07 per share.
Searchlight, based in New York, is a private equity firm focusing on communications, media and financial services investments. Searchlight has $11.6 billion in assets under management.
Gresham (LSEG: GHE.L), based in London, is an investment manager focusing on sustainable investments including in renewable energy, forestry. Gresham manages approximately $10.2 million in client assets.
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