Eldridge Industries
US investment firm
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2024 | Zinnia acquired technology company Ebix. |
2024 | Security Benefit Life Insurance issued $650 million in senior debt. |
2024 | Zinnia raised $300 million in strategic financing from Vista Credit Partners. |
2024 | Cain completed its £124 million refinancing of The Stage in Shoreditch. |
2024 | Blackbrook Capital merged with Cain International. |
2024 | Broke ground on One Beverly Hills, a mixed-use site including the Beverly Hilton, Waldorf-Astoria Beverly Hills, and an Aman Hotel, Residences & Club. |
December 2024 | Announced plans to launch Eldridge, an asset management and insurance holding company, wholly owned by Eldridge Industries, with two divisions: Eldridge Capital Management and Eldridge Wealth Solutions. |
October 2024 | Announced acquisition of a 10% interest in Blue Owl GP Stakes Fund III. |
May 2024 | Completed Metropolis Technologies' $1.5 billion acquisition of SP Plus Corporation, taking SP Plus private. |
May 2024 | Partnered with AECOM to create Eldridge Acre Partners, a real estate investment firm launched with $1 billion in assets and Eldridge Industries as majority owner. |
2023 | Announced as the largest investor in Gamma, a music media company founded by Larry Jackson. |
2023 | Eldridge Industries and Penske formed the joint venture Penske Media Eldridge, owning properties like SXSW and Dick Clark Productions. |
2023 | Eldridge Industries' annuity sales doubled to $2 billion. |
2023 | Zinnia acquired online insurance marketplace Policygenius. |
2023 | Security Benefit Life Insurance reported a net income of $1.2 billion. |
2023 | Eldridge Industries invested in PPRO Financial and Clearcover Insurance. |
2023 | Convive Brands was formed to operate Le Pain Quotidien, Little Beet, and Little Beet Table, previously operated by Aurify Brands. |
2023 | Eldridge Industries purchased an additional $24.4 million in Vivid stock. |
2023 | Became a founding member of the Allbright Alliance, an initiative to increase workforce opportunities for women. |
October 2023 | CAIS announced the launch of CAIS Solutions, a software as a service (SaaS) platform. |
June 2023 | Eldridge Industries and Dick Clark Productions acquired the assets, rights, and properties of the Golden Globes to operate as a private enterprise. |
May 2023 | Invested in Wellthy's $25 million funding round. |
2022 | Zinnia (formerly SE2) acquired Breathe Life, a SaaS insurance platform. |
2022 | Eldridge Industries had over $1 billion in annuity sales. |
2022 | Led a $400 million investment round for Velocity Global and took a seat on its board of directors. |
2022 | Sold CBAM Partners, an SEC-registered investment advisor, to The Carlyle Group for $787 million. |
October 2022 | Invested $20 million in Protein Evolution, Inc., a company developing enzymes for plastic and textile recycling. |
September 2022 | Eldridge Industries made a subsequent investment in DPL Financial Partners. |
August 2022 | Eldridge Industries and MRC reached an agreement to separate their assets, with Eldridge becoming a minority stakeholder in MRC. |
April 2022 | Led a $198 million investment round into digital marketing firm Viral Nation. |
April 2022 | Led an $82 million investment round for e-commerce platform Samcart. |
March 2022 | Led investment round for Cross River Bank, which was valued at $3 billion. |
January 2022 | Led a $210 million investment round for Canadian financial technology company Koho. |
2021 | Eldridge Industries became the majority owner of South by Southwest through a joint venture with Penske Media. |
2021 | Eldridge Industries participated in a $60 million investment in financial services company Buckle. |
2021 | Hudson Structured Capital Management refinanced with Eldridge Industries as its principal backer. |
2021 | Sold back its stake in Epic Games. |
2021 | Credit management operations spun out to create Panagram Structured Asset Management. |
December 2021 | Eldridge Industries partnered with Sony Music Group to finance the acquisition of Bruce Springsteen's recorded music and songwriting catalogue, estimated between $500-600 million. |
December 2021 | The company acquired a minority interest in Langdon Park Capital, a Black-owned real estate investment company. |
December 2021 | Eldridge Industries led a $3.4 million funding round for food delivery marketplace Sesame. |
November 2021 | Participated in a $30 million investment round for artificial intelligence company Netomi. |
October 2021 | DraftKings went public, with Eldridge Industries selling a stake in Vivid during the process. |
October 19 2021 | Vivid Seats went public under the name Vivid, trading on the Nasdaq stock exchange. |
July 2021 | Participated in a $235 million investment in AI security company Oosto (formerly AnyVision). |
July 2021 | Participated in a $475 million financing round for artificial intelligence company Dataminr. |
April 2021 | Horizon Acquisition Corporation merged with ticket reseller Vivid Seats. |
March 2021 | Eldridge Industries invested in international bakery-restaurant chain Le Pain Quotidien through Aurify Brands. |
February 2021 | Stash, a fintech company, reached a valuation of over $1.4 billion. |
January 2021 | Eldridge Industries invested in DPL Financial Partners for the first time. |
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