and SAINT-JRME, Quebec Blackstone (NYSE:BX) announced today that funds managed by its Blackstone Tactical Opportunities business ("Blackstone") have acquired Sustana Group ("Sustana" or the "Company"), a leading manufacturer of premium, sustainable recycled fiber, paper and packaging products, from an affiliate of H.I.G. http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html. Supply Chain. trade names, trademarks, or service marks of their respective owners. equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; All rights reserved. Blackstone Infrastructure Purchases 35% Stake in Phoenix Tower vision that we would transform collectibles into an asset class that is Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. these goals. Opportunities business (Blackstone) have agreed to acquire a majority Enter your e-mail and subscribe to our newsletter. Underlying sales growth was driven by price, while, volume increased 2.6%, particularly due to prestige beauty and health and well-being, which combined account for 5% of total turnover. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Previously:3 Emerging Trends in the Post-COVID World of Skin Care. Our Standards: The Thomson Reuters Trust Principles. The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. (608) 807-9033 For press inquiries, contact [emailprotected]. Capital. Blackstone ( NYSE:BX) announced today that funds managed by its Tactical Opportunities business have agreed to acquire a majority stake in the Certified Collectibles Group (CCG) in a transaction . For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. To view recent press releases,click here. July 1, 2021 4 Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified. CCG is a leading provider of expert, impartial and tech-enabled services Together, Cryoport and MVE Biological Solutions offer a unique combination of industry knowledge, client coverage, engineering and innovation. NEW YORK - APRIL 24, 2023 - Blackstone (NYSE: BX) today announced that, upon close of the previously announced transaction through which private equity funds managed by Blackstone ("Blackstone") will acquire a majority stake in Emerson's (NYSE: EMR) Climate Technologies business, Ross B. Shuster will become Chief Executive Officer of . Capital (H.I.G.). Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. Japan remains a key market for Blackstone - today, we have a dedicated team on the ground, focused on building our portfolio and bringing innovative opportunities to a wider group of investors." Blackstones $649 billion in assets under It services a diversified customer base through four facilities, all of which have leading energy efficiency, water conservation systems, wastewater treatment technology and recycling of process by-products. Cryoport management will host a conference call and webcast, including a slide deck, at 8:30am ET on Tuesday, August 25, 2020 to discuss the acquisition. I am excited to join with Blackstone as we enter the next phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in the industry as the collectibles market continues to accelerate and attract new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Unilever Prestige Beauty Sales Drive Q1 2023 Results. positive impact for the companies it acquires and the communities that they Our team has built the leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. Otherwise, we will assume you're OK to continue. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Blackstone Tactical Opportunities acquires Sustana Group on 2021-12-01 for an undisclosed amount. The companys cutting-edge platform, which enables greater connectivity, accountability and insights from across the organization up to the C-suite and board, is trusted by businesses worldwide including many of Blackstones own portfolio companies. Chibuike reports on mostly large U.S.-based private equity firms, including Blackstone, KKR, Carlyle, and Apollo. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Words or phrases such as "believe," "may," "could," "will," "estimate," "continue," "anticipate," "intend," "seek," "plan," "expect," "should," "would" or similar expressions are intended to identify forward-looking statements. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Dr. Zein Obagi, the founder of ZO Skin Health, said:The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. Solutions. Bri Tarpey Blackstone-owned lender and servicer Finance of America - HousingWire To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Building on Blackstones firmwide conviction in the life sciences industry, Tac Opps invested in Cryoport, a global provider of mission-critical logistics solutions to life sciences companies, especially in the area of cell and gene therapies (CGT). Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. For press inquiries, contact[emailprotected]. Exclusive news, data and analytics for financial market professionals, Reporting by Chibuike Oguh in New York; Editing by Stephen Coates, First Republic collapse sparks regional bank shares sell-off, JPMorgan wins government auction to buy seized First Republic Bank, Ford's Kentucky Truck Plant road-tests a new quality strategy, Lordstown shares plunge 48% as investor Foxconn alleges agreement breach. Your identity will be restricted to first name/last initial, or a user ID you create. Their most recent investment was on May 18, 2022, when Recurrent Ventures raised $300M. Blackstone Tactical Opportunities to Acquire the Certified Collectibles Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; funds, all on a global basis. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify. Oddity's Revela Acquisition Scales Up AI Beauty Ingredients for D2C Launches, Advances in computation and molecular biology have ushered in a new era of discovery and development," said Evan Zhao, Ph.D., Revela co-founder and CEO. Blackstone has raised three previous tactical opportunities funds that cumulatively collected about $16.4 billion from investors since the first of them was first launched in 2012. The call will be recorded and available approximately three hours after completion of the live event on the Investor Relations section of the Company's website at www.cryoport.comfor a limited time. Continuing on our global thematic focus on the data center space, our thesis for this investment was based on the impact of an explosion in consumer data usage on demand for wholesale data centers, particularly in this underpenetrated but rapidly growing market. Search Crunchbase. With the acquisitions of MVE, CryoPDP and Cryogene, Cryoport will provide fully integrated, end-to-end supply chain solutions to cell and gene therapy clients as well as the broader life sciences industry. industry.. About Certified Collectibles Group (CCG). For press inquiries, contact[emailprotected]. Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software. Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. expertise with Blackstones extensive resources. Blackstone Tactical Opportunities Acquires Sustana Group - PaperAge Through our purpose-built, proprietary Cryoport Express Shippers; Cryoportal information technology; validated Global Logistics Centers; smart and sustainable temperature-controlled logistics solutions; and biostorage/biobanking services, Cryoport serves clients in life sciences research, clinical trials, and product commercializations. DE PERE, Wisc. Cryoport, with the addition of MVE will deliver a unique combination of passionate teams with outstanding industry knowledge; industry-leading global client coverage; advanced temperature controlled engineering capabilities; and unparalleled temperature-controlled supply change innovation. SARASOTA, FLA. (July 1, 2021) Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. visit collectiblesgroup.com. (July 1, 2021) Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified. (518) 248-7310 SARASOTA, FLA. (July 1, 2021) Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business (Blackstone) have agreed to acquire a majority stake in the Certified Collectibles Group (CCG) in a transaction valuing the company at more than $500 million. From the moment we met the Blackstone team, we could tell that we shared the same vision for the future of our company and the global collectibles industry.. Blackstone's tactical opportunities division has about $34 billion in assets under management. Blackstone (NYSE:BX) announced today that funds managed by its Tactical 236 I am excited to join with Blackstone as we enter the next Additional investors in todays transaction include Roc Nation; Michael We do this by using extraordinary people and flexible capital to help companies solve problems. 2. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. Switchboard: +1 (212) 583-5000. It services a diversified customer base through four facilities, all of which have leading energy efficiency, water conservation systems, wastewater treatment technology and recycling of process by-products. BIG NEWS! Blackstone Tactical Opportunities to Acquire the - Greysheet This copy is for your personal, non-commercial use only. acted as lead legal advisor to Blackstone. Further information is available at www.blackstone.com. Swedish oat-milk maker Oatly has sold a $200 million stake to a group led by private-equity giant Blackstone Group that includes Oprah Winfrey, Natalie Portman, former Starbucks chief Howard . We look forward to working together to help the company continue and even accelerate its impressive growth trajectory.. New exclusive episodes will be released each month through August on e.l.f.s social channels, including YouTube, Instagram and TikTok. All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. Considering all of the many advantages of our business, being a part of Blackstone is the single biggest differentiator and the one which is hardest to replicate.. Private Equitys First-Quarter Fundraising Dollars Hold Steady but Closings Fall, Ares Management Profit Lifted by Management Fees, Private Investors Looking to Capitalize on Nearshoring Trends Turn to Mexico, I Squared Capitals Andreas Moon Leaves Firm He Helped Build. Further information is available at www.blackstone.com. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. ", On behalf of ZOs management team, we are thrilled to work with Dr. Zein Obagi and our new partner in Blackstone,", Ram Jagannath, global head of health care for Blackstone Growth and Tactical Opportunities, said: , Skin Healths results-driven products are best-in-class in the physician market, and their position as a trusted skin care brand has made them a market leader and partner to medical professionals. While the legislation will continue to morph over the next few years with additional guidelines, there are three things that all beauty companies can do to prepare for whats passedand whats nextwhen it comes to modernizing. Walker Edison, a Leading E-commerce Furniture Company, Receives a 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. DIBS Beauty's L Catterton Investment will Propel Brick-and-mortar Retail Expansion, Jeff Lee, the brand's CEO and founder, notes, "Our makeup goes where our customers go, and we intend to meet them both across our rapidly expanding digital channels and in brick-and-mortar retailers. Our mission is to support life and health on earth by providing reliable and comprehensive solutions for the life sciences industry through our advanced technologies, global supply chain network and dedicated scientists, technicians and supporting team of professionals. By selecting the relevant option, you certify that it accurately reflects your residency. Portions of this site are directed only to persons in certain jurisdictions. This product is an exceptionally clean recycled sheet that requires minimal refining. platform. Science. CCG has expanded from collectible coins to comic books, banknotes, Ki has a strong, innovative management team which established the business in partnership with Brit, a leading Lloyds underwriter with a long track record of success. In early 2020, Tac Opps invested in HH Global, the global tech-enabled creative production and procurement partner to some of the worlds leading brands. Bringing MVE Biological Solutions under the Cryoport umbrella, which will include Cryoport Systems, Cryogene, and the recently announced agreement to acquire CRYOPDP is expected to increase our revenue run rate to over $160 million and to be immediately accretive. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. For more information visit: https://www.sustanagroup.com/, For Blackstone: Statements in this news release which are not purely historical, including statements regarding Cryoport's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Oat-Milk Company Oatly Draws Investment From Blackstone-Led Group magazines, concert posters, stamps, trading cards, sports cards and estate In 2020, Tac Opps made an investment in Diligent, a leading governance, risk and compliance (GRC) SaaS provider. https://www.wsj.com/articles/DJFLBO0120141029eaatinmtl. Headquartered in De Pere, Wisconsin, Sustana uses post-consumer materials and the high standards for environmental sustainability to produce a comprehensive suite of recycled fiber, paper and packaging solutions for customers throughout North America. Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. Blackstone is one of the world's leading investment firms. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Dec. 3, 2021 - Blackstone on Dec. 2 announced that funds managed by its Blackstone Tactical Opportunities business ("Blackstone") have acquired Sustana Group from an affiliate of H.I.G. Sustana commits to reduce absolute Scope 1 and Scope 2 emissions 42% by 2030 and to measure and reduce its Scope 3 emissions, The Industry Pioneer in Sustainable Fiber and Paper Continues its Dedication to Responsible Business, Sustanas GHG Emissions Reduction Goal Approved by The Science Based Targets initiative, Recycled Fiber and Paper Leader Sustana Joins UN Global Compact, is Committed to Sustainable Development Goals. NEW YORK, Feb 23 (Reuters) - Blackstone Inc (BX.N), the world's largest private equity firm, is set to raise as much as $10 billion for its tactical opportunities strategy, which gives it.
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