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TA Associates Acquires Majority Stake in Green Street 

Private equity firm TA Associates will take a majority interest in Green Street, the Newport Beach, CA-based real estate analytics and advisory firm said Tuesday. Deal terms weren’t disclosed.  Green Street’s current majority owner, Welsh, Carson, Anderson & Stowe, will retain a minority position in the business. 

“For more than three decades, Green Street has followed a consistent growth trajectory, driven by the company’s distinguished products, talented team and commitment to customer success,” said Todd Crockett, a managing director at Boston-based TA. “Building on this strong foundation, we believe there is a sizable opportunity for continued organic and inorganic growth.” 

Green Street CEO Jeffry Stuek, Jr. said, “TA’s partnership will strengthen our position to rapidly grow the business. Our plans for continued product innovation and investment in our talent will further enhance our strategy of providing the most robust commercial real estate intelligence that drives informed decision-making to maximize returns.” Stuek and Green Street’s senior management team will continue in their current roles.

The transaction is expected to close in the fourth quarter, pending regulatory approval.

Pictured: Green Street headquarters in Newport Beach.  

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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