Seller Details:
Eldridge Acre Partners is a privately held real estate investment management firm specializing in U.S. real estate opportunities. The firm operates in strategic partnership with Eldridge Industries. Leveraging a unique blend of investment acumen and in-house design & construction expertise, EAP will manage investments in U.S. commercial and residential real estate on behalf of a diverse global investor base. EAP is the successor operating business to AECOM Capital Real Estate and is a newly formed, independently owned and operated firm unaffiliated with AECOM.
Buyer Details:
Eldridge Industries invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media & Music, Real Estate, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge Industries is headquartered in Greenwich, Connecticut, with additional offices across the United States and in London.
Transaction Summary:
Eldridge Acre Partners announced its formation in partnership with Eldridge Industries. As the successor operating business to AECOM Capital Real Estate, Eldridge Acre Partners will provide support in respect of AECOM Capital’s existing investments and related investment vehicles.