Greenspring Associates is a leading private equity investment firm that has been around since 1993. They have a team of over 50 professionals with a combined 200 years of experience in the industry.
Their investment strategy is focused on partnering with talented entrepreneurs and management teams to build and grow successful companies. This approach has allowed them to achieve a strong track record of returns.
One of the key factors contributing to their success is their ability to invest in a wide range of sectors, from technology to healthcare. This diversification has helped them navigate different market conditions and maintain a stable performance.
News and Acquisitions
Greenspring Associates has been acquired by StepStone Group Inc. in a $725 million deal. The acquisition is a significant milestone for the company.
The deal is worth $725 million, consisting of $185 million in cash and $540 million in stock and partnership units. The acquisition will bring Greenspring under a publicly-traded company.
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StepStone Co-CEO Scott Hart said they're thrilled to add Greenspring to their private markets platform. He believes the two companies will be complementary in their venture capital and growth equity capabilities.
The combined company will have over 70 investment professionals in venture capital and growth equity, and a total private equity team of 130 people. It will also have 20 offices across the globe.
Greenspring's managing general partners, Ashton Newhall and Jim Lim, will be joining StepStone along with the rest of the team. The full Greenspring team will be joining StepStone with no disruption to limited partners or the investment engine.
Greenspring was founded in 2000 and has over $17 billion in assets under management. The company makes investments both directly into companies and funds managed by others.
The deal is expected to close by the end of the calendar year.
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Technology and Operations
Greenspring Associates uses a range of technology products and services to manage their operations.
They utilize Preqin for accounting and finance, which helps them streamline their financial processes. MariaDB is another key technology product used by Greenspring, serving as their database.
Greenspring's tech stack also includes NetSuite for e-commerce, Oracle for enterprise solutions, and Nginx for web servers. They also leverage Yoast SEO Premium for search engine optimization.
Here's a breakdown of some of the key technology products used by Greenspring Associates:
- Preqin: Accounting and Finance
- MariaDB: Database
- NetSuite: E-commerce
- Oracle: Enterprise
- Nginx: Web Servers
- Yoast SEO Premium: Search Engines
Tech Stack
Greenspring Associates uses a robust tech stack to power their operations. Their technology products and services include Preqin, MariaDB, NetSuite, Oracle, Lodash, jQuery, Yoast SEO Premium, and Nginx.
Preqin is used for accounting and finance, while MariaDB serves as their database. NetSuite is an e-commerce platform that Greenspring Associates relies on.
Here's a breakdown of their tech stack:
- Accounting and Finance: Preqin
- Database: MariaDB
- E-commerce: NetSuite
- Enterprise: Oracle
- Javascript Libraries: Lodash, jQuery
- Search Engines: Yoast SEO Premium
- Web Servers: Nginx
If you're looking for alternatives to some of these tools, you can compare them to other options like LeadIQ, Zoominfo, Apollo, Lusha, Cognism, Seamless.ai, Usergems, and Champify.
Email Address Formats
Email addresses come in various formats, but most follow a standard pattern.
The most common format is the local part followed by the @ symbol and the domain name, such as [email protected].
The local part can be the user's name or a combination of letters and numbers.
Some email addresses use a country code top-level domain (ccTLD), like [email protected].
Email addresses can also have a subdomain, like [email protected].
Leadership and Funding
Greenspring Associates has a diverse leadership team, with multiple individuals holding key positions. The company's leadership team includes C. A., Chief Compliance Officer and Counsel, T. O., President and Chief Executive Officer, and A. N., General Partner and Co-Founder.
The company's ownership structure is also noteworthy, with D. G. serving as an Owner. This suggests a level of autonomy and control within the organization.
Here is a list of Greenspring Associates' leadership team:
- C. A., Chief Compliance Officer and Counsel
- T. O., President and Chief Executive Officer
- A. N., General Partner and Co-Founder
- D. G., Owner
- H. M., Vice President
Company Leadership
Greenspring Associates' leadership team is comprised of experienced professionals who have made significant contributions to the company's growth and success.
Christopher Ancona, the Chief Compliance Officer and Counsel, joined the company in 2019 with a strong background in compliance and law, having worked with prominent firms such as PricewaterhouseCoopers and The Baupost Group.
Eric Thompson, the President and Chief Executive Officer, has been with the company since 2007 and has held various leadership roles, including Chief Financial Officer and Chief Operating Officer.
Mike Thompson, the Chief People Officer, brings a unique perspective to the company, having served in the United States Army for over 27 years and later working as a Partner in the McChrystal Group Leadership and Management consulting firm.
A. N., the General Partner and Co-Founder, has played a crucial role in shaping the company's direction and strategy.
D. G., the Owner, is the founder of Greenspring Associates and has been instrumental in guiding the company's vision and mission.
Here is a list of the company's leadership team:
- Christopher Ancona, Chief Compliance Officer and Counsel
- Eric Thompson, President and Chief Executive Officer
- A. N., General Partner and Co-Founder
- D. G., Owner
- H. M., Vice President
Funding & Financials
Greenspring Associates has received funding from various sources, with revenue in the range of $10M to $50M. This financial backing has likely played a significant role in the company's ability to operate and grow.
Greenspring Associates's revenue is in the range of $10M to $50M.
Frequently Asked Questions
When did StepStone acquire Greenspring?
StepStone Group Inc. acquired Greenspring in 2021. The acquisition was announced on September 20, 2021.
Sources
- www.greenspringassociates.com (greenspringassociates.com)
- "Greenspring Associates | Our Current Investment Portfolio" (greenspringassociates.com)
- "citybizlist : Baltimore : Greenspring Associates Leads $40M Funding Round for Assent Compliance" (citybizlist.com)
- "Fuze Closes $104 Million in New Funding to Fuel Growth and Expansion as the Cloud Communications Platform for Global Enterprises" (yahoo.com)
- "Greenspring Associates Raises $800 Million for Fourth Secondaries Fund" (yahoo.com)
- "Our Team of Investment Professionals | Greenspring Associates" (greenspringassociates.com)
- "Greenspring Associates Inc: Company Profile" (bloomberg.com)
- "Greenspring Associates raises $430 million to invest in technology funds" (baltimoresun.com)
- Greenspring Associates - Venture Capital Fund Research (capedge.com)
- Greenspring Associates CEO And Leadership (zippia.com)
- Owings Mills-based investment firm Greenspring ... (technical.ly)
- Greenspring Associates Company Overview, Contact ... (leadiq.com)
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