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 website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. 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. We do this by using extraordinary people and flexible capital to help companies solve problems. We are effectively a joint venture across Blackstones business units. that add value and liquidity to collectibles. C. C. Melvin Ike, Principal at Blackstone, said: As thematic investors, we Hannover Re is providing financing for the transaction, which is expected to close in the third quarter of 2015. 100% recycled fiber for use in direct food contact packaging. Q1 2023 US Beauty Sales Driven by Lips, Prestige Fragrance, Clinical Skin Care & More, Paula's Choice Launches Beautypedia Skin Care Ingredient Checker, Prada Beauty Brings AI-generated Imagery to Latest Instagram Campaign. 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. opportunistic, non-investment grade credit, real assets, and secondary Duane Morris acted as legal advisor to CCG. invest significantly in its current and planned services, adding and Blackstone will seek to accelerate CCGs growth, enabling the company to Blackstone Tactical Opportunities to Acquire the Certified Collectibles Secrets of the Rare Coin & Bullion Business. (514) 895-6193, Internet Explorer presents a security risk. A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. Blackstone Acquires Majority Stake in ZO Skin Health 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. We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss. Additional investors in todays transaction include Roc Nation; Michael Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; and Main Street Advisors, a leading investment advisory firm to prominent athletes, recording artists, and other leaders across entertainment and business. CCG has certified more than 62 million of these collectibles, with a 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. With over 226 dedicated employees and three primary facilities, in the states of Georgia and Minnesota and Cheng-du, China, MVE serves over 300 primary customers. 2021 Certified Collectibles Group. Sunz Holdings is the parent company of Sunz Insurance, a fast-growing national workers . To view recent press releases, click here. Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Cryoportand Latham & Watkins LLP is acting as its legal advisor. To receive email alerts from Blackstone, sign up below. 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. Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software. 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. services for collectibles. Sustana Group is proud to provide a comprehensive, sustainable pulp and paper solution for customers throughout North America. Together, Cryoport and MVE Biological Solutions offer a unique combination of industry knowledge, client coverage, engineering and innovation. Our asset management businesses, with $564 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone does this by using extraordinary people and flexible capital to This copy is for your personal, non-commercial use only. Blackstone Tactical Opportunities to Acquire NGC and Certified management include investment vehicles focused on private equity, real 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. The Tac Opps team invests globally across asset classes,. Blackstone markets its tactical opportunities funds as products that provide "opportunistic capital", which is not limited to any industry, geography, or specific group of assets, enabling it to make investments from data centers and ports to dating apps and women's wear. Further information is available at www.blackstone.com. CCG is a leading, global provider of expert, impartial and tech-enabled 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. Blackstone Group's Tactical Opportunities Group struck a deal to acquire specialty insurer Philadelphia Financial Group from publicly traded Tiptree Financial Inc. for about $155 million in cash . For office-specific contact information, please visitour offices page. Blackstones $649 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets, and secondary funds, all on a global basis. In 2020, Tac Opps invested in VNET, a leading data center operator serving hyperscale and enterprise customers in the Asia Pacific region. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. *. Founded in 1987, CCG offers authentication, grading and conservation services that have unlocked billions of dollars in secondary market value. I am excited to join with Blackstone as we enter the next CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. CCG has expanded from collectible coins to comic books, banknotes, these goals. Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. We support life-saving advanced cell and gene therapies and deliver vaccines, protein producing materials, and IVF materials in over 100 countries around the world. 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., Skin Health is one of the fastest-growing brands in the rapidly expanding professional skin care market,", 3 Emerging Trends in the Post-COVID World of Skin Care, 15+ Trends in Cosmetics Innovation at in-cosmetics Global 2023, How Luxury Skin Care Got Outflanked by Lower-priced Brands, A dedicated eco-designed website for SILABs Actively Caring CSR program. In late December, funds managed by Blackstone Tactical Opportunities acquired a significant stake in Bradenton-based Sunz Holdings LLC. 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. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. Capital (H.I.G.). Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will retain a significant . Mark Salzberg, Founder of CCG, said: When I established CCG, I had a vision that we would transform collectibles into an asset class that is trusted by collectors, dealers and investors around the world. Download the Greysheet app for access to pricing, news, events and your subscriptions. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. DE PERE, Wisc. Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Note: All figures as of March 31, 2023, unless otherwise indicated. acquiring new technologies and developing its digital presence. 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. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. Blackstone Group's Tactical Opportunities Group struck a deal to acquire specialty insurer Philadelphia Financial Group from publicly traded Tiptree Financial Inc. for about $155 million in cash plus an additional $10 million to be paid over two years. 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. Otherwise, we will assume you're OK to continue. Blackstone Tactical Opportunities acquires Sustana Group on 2021-12-01 for an undisclosed amount. stake in the Certified Collectibles Group (CCG) in a transaction valuing Sustana Group acquired by Blackstone Tactical Opportunities - CrunchBase Cryoport's business could be affected by a number of other factors, including the risk factors listed from time to time in Cryoport's SEC reports including, but not limited to, Cryoport's 10-K for the year ended December 31, 2019, Cryoport's Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 and any subsequent filings with the SEC. 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. 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. Carlyle is one of the world's largest and most diversified global investment firms, with $373 billion of assets under management across 3 business segments and 543 investment vehicles. Authenticated Stamp Guaranty (ASG) and Collectibles Authentication Blackstone Tactical Opportunities Announces Acquisition of Sustana, a All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. Are You Putting A Great Oil Product In A Leaking Bottle? We completed a follow-on investment in 2020, furthering our mission to deliver next-generation solutions to support the national security space domain. Headquartered in Ball Ground, Georgia, USA, MVE provides cryogenic storage and transportation solutions for the life sciences industry through its advanced line of stainless steel freezers, aluminum dewars and related ancillary equipment used in the storage and transport of life sciences commodities, which includes the rapidly growing cell and gene therapies business. Previously:3 Emerging Trends in the Post-COVID World of Skin Care. ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. 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. About Blackstone and Blackstone Tactical Opportunities. A dial-in replay of the call will also be available, to those interested, until September 1, 2020. incredible to be a part of this journey as we achieved and then exceeded Blackstone Capital ("H.I.G."). 1. they serve, and Blackstones ability to grow the platform through both The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Blackstone is one of the world's leading investment firms.
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