M&A
confidence high
sentiment neutral
materiality 0.65
StepStone completes Greenspring acquisition; audited 2020 revenue $65.7M
StepStone Group Inc.
- Acquisition of Greenspring Associates closed September 20, 2021; financial statements furnished.
- Greenspring 2020 revenue $65.7M (up 33% YoY); net income $17.7M.
- Total assets $38.2M as of Dec 31, 2020; shareholders' equity $14.8M.
- 2019 revenue $49.3M, net income $5.2M for comparison.
- Unaudited pro forma financials for period ended June 30, 2021 also provided.