Classic Collectible Services (CCS), Certified Sports Guaranty (CSG), Duane Morris acted as legal advisor to CCG. Opportunities business (Blackstone) have agreed to acquire a majority "Both companies serve sophisticated life sciences clients, and having these two life sciences supporting leaders working together will amplify the high quality and reliability their respective customers have come to rely on. Headquartered in De Pere, Wisconsin, Sustana Group, which comprises Sustana Fiber and Rolland, uses post-consumer . million coins, banknotes, comic books, trading cards, sports cards, stamps, This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. training new employees, expanding its geographic and product reach, 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. To fund the acquisition, Cryoport is receiving a $275 million investment from funds managed by Blackstone Tactical Opportunities (NYSE: BX) ("Blackstone"). vision that we would transform collectibles into an asset class that is We look forward to investing further in the business to drive growth and believe ZO is well positioned to continue delivering premier solutions to physicians and patients., ZOSkin Health is one of the fastest-growing brands in the rapidly expanding professional skin care market," said Todd Hirsch, a senior managing director at Blackstone. America, and/or its related companies in the United States and/or other 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 . 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 . and SAINT-JRME, Quebec--(BUSINESS WIRE)--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. For press inquiries, contact[emailprotected]. Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. Secrets of the Rare Coin & Bullion Business. the industry as the collectibles market continues to accelerate and attract Blackstone Tactical Opportunities Announces Acquisition of Sustana, a About BlackstoneBlackstone is one of the worlds leading investment firms and seeks to create positive economic impact and long-term value for investors, the companies they invest in, and the communities in which they work. athletes, recording artists, and other leaders across entertainment and Blackstone Tactical Opportunities Announces Acquisition of Sustana, a It has been This copy is for your personal, non-commercial use only. . These forward-looking statements include, but are not limited to, statements concerning closing of the MVE acquisition and the related Blackstone investment, the potential benefit of Cryoport's acquisition of MVE and the estimated or anticipated future business, performance and results of operations following the transaction. Capital ("H.I.G."). Blackstone Tactical Opportunities to Acquire the Certified - USCoinNews United States 1944-P Jefferson War Nickel, Croatia Celebrates 30 Years of Independence With Limited Edition Gold and Silver Coin Sets. they serve, and Blackstones ability to grow the platform through both For more information, visit www.cryoport.com or follow @cryoport on Twitter at www.twitter.com/cryoport for live updates. CCGs leadership team will remain in place, combining their experience and expertise with Blackstones extensive resources. About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. For press inquiries, contact [emailprotected]. 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. 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 order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment It further entrenches us in the cell and gene therapy supply chain ecosystem at a time when cell and gene therapies are experiencing rapid and sustained growth, and with an even more exciting growth story ahead. About Certified Collectibles Group (CCG). ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. Note: All figures as of March 31, 2023, unless otherwise indicated. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Matt Anderson To view recent press releases,click here. business. Blackstone is the worlds largest alternative asset manager. 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. Closing is expected by the end of the year, subject to regulatory approval and customary closing conditions, MVE's revenue for 2019 was approximately $83.7 million and it is expected to be immediately accretive. Further information is available at www.blackstone.com. The Tac Opps team invests globally across asset classes, For Blackstone Open Roles - Join Us! Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; Our Firm | Carlyle 941 360 3994 ext. 236 All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. and Main Street Advisors, a leading investment advisory firm to prominent Cosmetics Debuts Digital Series 'Vanity Table Talk'. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in. All rights reserved. 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. trajectory.. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. USA 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. Bri.Tarpey@edelman.com Blackstone will seek to accelerate CCGs growth, enabling the company to invest significantly in its current and planned services, adding and training new employees, expanding its geographic and product reach, acquiring new technologies and developing its digital presence. 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. 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). Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. 2. OR (Stockholm, 13 June 2022) The Stockholm International Peace Research Institute (SIPRI) today launches the findings of SIPRI Yearbook 2022, which assesses the current state of armaments, disarmament and international security.A key finding is that despite a marginal decrease in the number of nuclear warheads in 2021, nuclear arsenals are expected to grow over the coming decade. 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. 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 . Chibuike reports on mostly large U.S.-based private equity firms, including Blackstone, KKR, Carlyle, and Apollo. CCG has expanded from collectible coins to comic books, banknotes, create positive economic impact and long-term value for investors, the Blackstone Infrastructure Partners (BIP), an infrastructure-focused series of funds, today announced that it has acquired a 35% stake in Phoenix Tower International ( PTI ), an independent tower company operating in the Americas and Europe, from Manulife Investment Management, which holds its stakes through John Hancock Life Insurance (JHUSA) and Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. Announced . visit collectiblesgroup.com. Oat-Milk Company Oatly Draws Investment From Blackstone-Led Group estate items and related collectibles. 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. Global nuclear arsenals are expected to grow as states continue - SIPRI collectibles online and at its offices in Sarasota, Florida; London, 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. This transaction represents a hallmark event with two supporting life science leaders, Cryoport and MVE Biological Solutions, coming together to further de-risk processes for the life sciences industry at a time when these services are poised for exponential growth. We do this by using extraordinary people and flexible capital to help companies solve problems. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Mariel Seidman-Gati 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. Coty Campus integrates tools such as text and vocal chat discussions, screen-and-filesharing and customizable avatars. 518 248 7310 Individual Investors & Financial Advisors. Otherwise, we will assume you're OK to continue. countries. Clea.Bourgeois@edelman.com New exclusive episodes will be released each month through August on e.l.f.s social channels, including YouTube, Instagram and TikTok. To view recent press releases, click here. The CCG companies include Blackstone Tactical Opportunities to Acquire the Certified Collectibles SARASOTA, FLA. (July 1, 2021) Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. matthew.anderson@blackstone.com TD Securities served as financial advisor to Blackstone, and Weil, Gotshal & Manges; Davies Ward PhillIps & Vineberg; and Simpson Thacher & Bartlett LLP served as legal advisors. We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. Solutions. Otherwise, we will assume you're OK to continue. Educational Consultant - EMC Education Group, LLC - LinkedIn The industry leader for online information for tax, accounting and finance professionals. 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. Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. Windows of opportunity open and close without warning. equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; Johnson & Johnson debuted the new consumer health company in October 2022. Keep up with information updates and partner information. that add value and liquidity to collectibles. Andrea Serra, a Managing Director at Blackstone, said: The increasing focus on environmental sustainability by businesses and consumers alike is one of Blackstones highest conviction investment themes and we are proud to back Sustana, a fast-growing leader in this sector. The skin tool rates ingredients on a scale of best to worst based on cited research from a broad range of fields including anatomy, physiology, dermatology, cosmetic chemistry, genetics, environmental science and safety. Our team has built a leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. Sustana Group is proud to provide a comprehensive, sustainable pulp and paper solution for customers throughout North America. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will . services that add value and liquidity to collectibles. Walker Edison, a Leading E-commerce Furniture Company, Receives a Follow Blackstone on Twitter @Blackstone. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. magazines, concert posters, stamps, trading cards, sports cards and estate 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. Since 1987, the CCG companies have certified more than 60 trademarks or unregistered trademarks of Numismatic Guaranty Corporation of For Sustana Blackstones $649 billion in assets under Founded in 1987 in Washington, DC, our global team today is comprised of more than 2,100 professionals operating in 29 offices across 5 continents . Blackstone Tactical Opportunities - Investments, Portfolio & Company Exits jarmstrong@collectiblesgroup.com. All rights reserved. Blackstone Real Estate Announces Sale of a Logistics Portfolio in Japan 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. Blackstone-owned lender and servicer Finance of America - HousingWire Switchboard:+1 (212) 583-5000. Inoac Packaging Group has been a leader in heavy and ultra-heavy wall PET packaging for over 30 years. billions of dollars in secondary market value. Canada C. C. Melvin Ike, Principal at Blackstone, said: As thematic investors, we look for exceptional entrepreneurial teams succeeding in growing markets, and CCG is a great example. Under the terms of its investment, Blackstone will purchase $250 million of a newly designated Perpetual 4% Series C Convertible Preferred stock of the Company, with a purchase price of $1,000 per share, and $25 million ofcommon stock of the Company. In 2020, Tac Opps invested in VNET, a leading data center operator serving hyperscale and enterprise customers in the Asia Pacific region. To access the replay, dial +1 844-512-2921 (United States) or +1 412-317-6671 (International) and enter replay pin number: 10010868. CCGs leadership team will remain in place, combining their experience and Tactical Opportunities - Blackstone As part of our thematic work in aerospace and government services, Tac Opps is focused on innovative companies working to deliver breakthrough solutions to the public sector. Blackstone's Tactical Opportunities Group to Acquire Philadelphia - WSJ Blackstone Tactical Opportunities to Acquire the Certified Collectibles We provide opportunistic capital, timely investing decisions and differentiated solutions. Switchboard: +1 (212) 583-5000. Prominent fund invests in area insurance firm | Business Observer "We can now far better understand the biological pathways that drive the behavior of cells", e.l.f. 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. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. DE PERE, Wisc. Sustana Group is the manufacture of sustainably produced, premium recycled fiber and paper, utilizing post-consumer material. Capital (H.I.G.). Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. 2023 Allured Business Media. In 2020, Tac Opps invested in Ki, the first fully digital and algorithmically driven insurance underwriter in the Lloyds of London market. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will retain a significant . Johnson & Johnson Announces Kenvue, Inc. IPO Roadshow. To receive email alerts from Blackstone, sign up below. By submitting this request, you consent to receive email from Blackstone. Blackstone does this by using extraordinary people and flexible capital to help companies solve problems. Factors that could cause actual results to differ materially include, but are not limited to, (1) the conditions to the closing of the MVE acquisition or the Blackstone investment may not be satisfied; (2) the MVE acquisition or the Blackstone investment may involve unexpected costs, liabilities or delays; (3) the business of the Company may suffer as a result of uncertainty surrounding the MVE acquisition or the Blackstone investment; (4) the occurrence of any event, change or other circumstances that could give rise to the termination of the MVE purchase agreement or the Blackstone investment agreement; (5) risks and uncertainties associated with the effect of changing economic conditions, (6) trends in the products markets, (7) variations in Cryoport's cash flow, (8) market acceptance risks, (9) technical development risks and (10) other risks to the consummation of the MVE acquisition or the Blackstone investment, including the risk that the MVE acquisition or the Blackstone investment will not be consummated within the expected time period or at all.
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