Irvine, CA Irvine, CA

Welsh, Carson, Anderson & Stowe have entered into an agreement to purchase Green Street Advisors, a commercial real estate research, data and analytics company, from Golden Gate Capital. Management will reinvest a portion of the proceeds from the sale to retain a meaningful interest in the company.

WCAS has a long history of investing in technology companies. It plans to support the expansion of Green Street Advisors by investing in product innovation and strategically pursuing M&A.

The financial terms of the transaction were not disclosed.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.