incredible to be a part of this journey as we achieved and then exceeded Goldman, Sachs & Co. is acting as exclusive financial advisor to Blackstone and Simpson Thacher & Bartlett LLP is acting as its legal advisor. opportunistic, non-investment grade credit, real assets, and secondary Announced . (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. 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. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. Supply Chain. 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. 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. 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. acquiring new technologies and developing its digital presence. Unilever Prestige Beauty Sales Drive Q1 2023 Results. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Opportunities business (Blackstone) have agreed to acquire a majority Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. invest significantly in its current and planned services, adding and To receive email alerts from Blackstone, sign up below. expertise with Blackstones extensive resources. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. 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. Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth For office-specific contact information, please visitour offices page. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will . BIG NEWS! Blackstone Tactical Opportunities to Acquire the - Greysheet platform. (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. Johnson & Johnson debuted the new consumer health company in October 2022. All quotes delayed a minimum of 15 minutes. 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. We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss. All rights reserved. Article content. differentiated investment opportunities. Additional information regarding the MVE acquisition and the Blackstone investment will be included in a Form 8-K to be filed by Cryoport with the Securities and Exchange Commission. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. (608) 807-9033 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. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment The lender and servicer, owned by the Blackstone Group's Tactical Opportunities business, is slated to go public in the first half of 2021 through a special purpose acquisition company at a $1.9 . Sign up to receive financial updates and information. 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. Further information is available at www.blackstone.com. 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 . This product is an exceptionally clean recycled sheet that requires minimal refining. America, and/or its related companies in the United States and/or other For office-specific contact information, please visitour offices page. trajectory.. 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. Blackstone Real Estate Announces Sale of a Logistics Portfolio in Japan Cla Bourgeois assets under management and a strong track record of creating value and a Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. This copy is for your personal, non-commercial use only. 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. Additional investors in todays transaction include Roc Nation; Michael The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. 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. CCG has expanded from collectible coins to comic books, banknotes, The agreement to acquire MVE follows on the heels of our agreement to acquire CRYOPDP, a France-based specialty temperature-controlled life sciences logistics company. To learn more, 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 . As a regional leader, we believe VNET is well positioned to help meet this growing demand. matthew.anderson@blackstone.com SARASOTA, FLA. (July 1, 2021) The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. DE PERE, Wisc. CCG is a leading, global provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. We look forward to partnering with the company and its management team to continue accelerating their further expansion as they deliver leading sustainability products and solutions to their customers., Fabian De Armas, CEO and Chairman of Sustana, said: Blackstones investment is a strong endorsement of our Company and our highly talented team, and launches an exciting new chapter for Sustana. Blackstone Tactical Opportunities is set to acquire the Certified Collectibles Group, a leading provider of Tech-Enabled Authentication, Grading and Conservation Services for the Global Collectibles Industry. Portions of this site are directed only to persons in certain jurisdictions. and Main Street Advisors, a leading investment advisory firm to prominent 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. We do this by using extraordinary people and flexible capital to help companies solve problems. Johnson & Johnson Announces Kenvue, Inc. IPO Roadshow. 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 versatility to invest in a range of assets, people familiar with the matter told Reuters. Switchboard: +1 (212) 583-5000. trusted by collectors, dealers and investors around the world. industry.. 236[emailprotected]. Ross B. Shuster to Join as CEO of Standalone Climate Technologies serve. These investments are differentiated and seek to deliver portfolios with less correlation and lower volatility. Their most recent investment was on May 18, 2022, when Recurrent Ventures raised $300M. Janell Armstrong, Marketing Coordinator Since 1987, the CCG companies have certified more than 60 million coins, banknotes, comic books, trading cards, sports cards, stamps, estate items and related collectibles. Blackstone is one of the worlds leading investment firms and seeks to Otherwise, we will assume you're OK to continue. 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. phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in 2021 Certified Collectibles Group. 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 3 Ways Beauty Companies Can Prepare for MoCRA. CCG has certified more than 62 million of these collectibles, with a The unit is run by David Blitzer, who is an avid investor in sports teams, including English soccer club Crystal Palace, the New Jersey Devils of the U.S. hockey league, and the National Basketball Association's Philadelphia 76ers. It has also raised an extra $5 billion in separately managed accounts from investors that will invest alongside the main fund, said the sources, who declined to named because the matter is confidential. Blackstone Tactical Opportunities to Acquire the Certified Collectibles CCG is a leading, global provider of expert, impartial and tech-enabled Blackstone Infrastructure Purchases 35% Stake in Phoenix Tower As a Cryoport company, MVE will expand Cryoport's role in the cell and gene therapy supply chain ecosystem, a business that is forecasted to grow 30% to 40% per year, and further enhance Cryoport's position as a leading player in the supply of cryogenic solutions for the life sciences industry. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. Blackstone will seek to accelerate CCGs growth, enabling the company to is one of the worlds leading investment firms with nearly $650 billion in About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. 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. I am excited to join with Blackstone as we enter the next 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. Authenticated Stamp Guaranty (ASG) and Collectibles Authentication The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Showing 1 to 20 of 65 vacancies. 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. OR 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 . The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify. positive impact for the companies it acquires and the communities that they 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. Educational Consultant - EMC Education Group, LLC - LinkedIn The CCG companies include 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. the industry as the collectibles market continues to accelerate and attract Through this strategy, Blackstone acquired a majority stake in women's wear brand SPANX Inc in a deal that valued the firm at $1.2 billion, and it paid $3 billion for control of dating app Bumble Inc (BMBL.O) before its initial public offering in 2021. Capital (H.I.G.). Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. 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. Jerrell Shelton, CEO of Cryoport, said, "The acquisition of MVE Biological Solutions represents an important step in carrying out Cryoport's mission. 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. "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. acted as lead legal advisor to Blackstone. CCG has certified more than 62 million of these collectibles, with a combined fair market value approaching $50 billion. In 2020, Tac Opps invested in VNET, a leading data center operator serving hyperscale and enterprise customers in the Asia Pacific region. For Blackstone Blackstone Tactical Opportunities to Acquire the Certified Collectibles Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services Blackstone does this by using extraordinary people and flexible capital to help companies solve problems. 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. ", Coty x Spatial Launching Coty Campus Metaverse for Employees. 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. For Sustana Blackstone Announces Investment in Hotwire Communications in 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. Blackstone Tactical Opportunities Announces Acquisition of Sustana, a To access the replay, dial +1 844-512-2921 (United States) or +1 412-317-6671 (International) and enter replay pin number: 10010868. For information on our privacy practices see our Privacy Policy. magazines, concert posters, stamps, trading cards, sports cards and estate Sara Moss joined ELC in 2003 as executive vice president and general counsel. Are You Putting A Great Oil Product In A Leaking Bottle? Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will retain a significant . For press inquiries, contact [emailprotected]. 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. Capital (H.I.G.). Switchboard: +1 (212) 583-5000. Assist with leading and managing the Tow/Repossession Unit and the Staff Review Unit. Oat-Milk Company Oatly Draws Investment From Blackstone-Led Group Sustana Group is the manufacture of sustainably produced, premium recycled fiber and paper, utilizing post-consumer material. New exclusive episodes will be released each month through August on e.l.f.s social channels, including YouTube, Instagram and TikTok. From the moment we met the Blackstone team, we could tell that we shared 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. 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. 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. . services that add value and liquidity to collectibles. Mark Salzberg, founder of CCG, said: When I established CCG, I had a For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Capital ("H.I.G."). Blackstone's tactical opportunities division has about $34 billion in assets under management. training new employees, expanding its geographic and product reach, Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Cryoportand Latham & Watkins LLP is acting as its legal advisor. Search Crunchbase. Subscribe to Monthly Greysheet for the industry's most respected pricing and to read more articles just like this. Otherwise, we will assume you're OK to continue. For press inquiries, contact[emailprotected]. In late December, funds managed by Blackstone Tactical Opportunities acquired a significant stake in Bradenton-based Sunz Holdings LLC. Deca Dental Group Announces Strategic Investment From Blackstone BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health ZO Skin Health has announced that BlackStone Tactical Opportunities acquired a majority stake in the business; terms of the transaction were not disclosed. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. https://www.wsj.com/articles/DJFLBO0120141029eaatinmtl. About Blackstone Tactical OpportunitiesTactical Opportunities (Tac Opps) is Blackstones opportunistic investment platform. billions of dollars in secondary market value. 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. Golub Capital led the financing for the transaction. To receive email alerts from Blackstone, sign up below. equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; We have been closely following the rise of the Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. See here for a complete list of exchanges and delays. Keep up with information updates and partner information. Matthew.Anderson@Blackstone.com Kis digital underwriting and distribution platform provides instant insurance quotes to its clients and significantly improves speed and operating efficiency, setting up Ki to benefit from strong digitalization tailwinds. The remainder of the purchase price for the MVE acquisition will be paid from the Company's cash balance. Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Over the last 35 years, Follow Blackstone on Twitter @Blackstone. the same vision for the future of our company and the global collectibles CCGs leadership team will remain in place, combining their experience and expertise with Blackstones extensive resources. It is important to note that Cryoport's actual results could differ materially from those in any such forward-looking statements. 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. Blackstone Tactical Opportunities to Acquire the Certified Collectibles

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