help the company continue and even accelerate its impressive growth magazines, concert posters, stamps, trading cards, sports cards and estate 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. Directly lead and manage the Criminal History, Expunctions, Public Counter, Fax Account, and Subpoena Units. Learn More $33B Assets Under Management 161 Investments 147 Tac Opps Professionals Globally WHAT WE DO We invest flexible capital to construct a differentiated portfolio for our investors. For office-specific contact information, please visitour offices page. These investments are differentiated and seek to deliver portfolios with less correlation and lower volatility. 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. Weil, Gotshal & Manges acted as lead legal advisor to Blackstone. Contact: 332-999-6154. 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. trusted by collectors, dealers and investors around the world. and Main Street Advisors, a leading investment advisory firm to prominent https://www.wsj.com/articles/DJFLBO0120141029eaatinmtl. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. Follow Blackstone on Twitter @Blackstone. 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. 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. We have been closely following the rise of the Except as required by law, Cryoport disclaims any obligation, and does not undertake, to update or revise any forward-looking statements in this press release. management include investment vehicles focused on private equity, real ", Coty x Spatial Launching Coty Campus Metaverse for Employees. 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). Job vacancies at King | King Careers It has been 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. 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. Science. Our strategy is unconstrained by asset class, industry, sector, security type or geography. incredible to be a part of this journey as we achieved and then exceeded (518) 248-7310 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. Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging | Business Wire Blackstone Tactical Opportunities. For more information visit: https://www.sustanagroup.com/, For Blackstone: To view recent press releases, click here. 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. 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. See here for a complete list of exchanges and delays. business. help companies solve problems. 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. (NCS), Paper Money Guaranty (PMG), Certified Guaranty Company (CGC), Blackstone Tactical Opportunities to Acquire the Certified Collectibles three continents, robust digital offerings and comprehensive certification To access the replay, dial +1 844-512-2921 (United States) or +1 412-317-6671 (International) and enter replay pin number: 10010868. 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 . Further information is available at www.blackstone.com. 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. Opportunities business (Blackstone) have agreed to acquire a majority 2021 Certified Collectibles Group. Blackstone is one of the worlds leading investment firms and seeks to Blackstones $649 billion in assets under 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. About Certified Collectibles Group (CCG). This acquisition provides multiple value creation opportunities for Cryoport and MVE Biological Solutions that offer additional revenue growth upside, including the development of new product innovations, opportunities to grow with key distributors in the U.S., and the opportunity to increase direct customer sales and distributor relationships globally. Authenticated Stamp Guaranty (ASG) and Collectibles Authentication Hannover Re is providing financing for the transaction, which is expected to close in the third quarter of 2015. Today, CCG serves the world of He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging, Blackstone acquires Sustana Group from HIG Capital, Notizie da AC Ventures, Lowercarbon Capital, Borderless Capital, INVL Asset Management, HIG Capital, Blackstone Tactical Opportunities, Lee Equity Partners. 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. Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. Sustana Group is proud to provide a comprehensive, sustainable pulp and paper solution for customers throughout North America. invest significantly in its current and planned services, adding and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. This product provides tissue About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. 2021 Certified Collectibles Group. This copy is for your personal, non-commercial use only. Article content. differentiated investment opportunities. Whether in times of stability or volatility, in good markets or in bad, there are always strategic opportunities for those with the skills and talent to see what others dont. CCG is a leading, global provider of expert, impartial and tech-enabled "We will now have greater resources and tools to help us on our path in becoming the leading global physician-dispensed brand. NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered See here for a complete list of exchanges and delays. Now clients seeking a more sustainable option can get the best of both worlds with our thin wall PET bottles and extrusion blow molding (EBM). We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. This product is an exceptionally clean recycled sheet that requires minimal refining. funds, all on a global basis. Note: All figures as of March 31, 2023, unless otherwise indicated. In 2020, Tac Opps made an investment in Diligent, a leading governance, risk and compliance (GRC) SaaS provider. DE PERE, Wisc. Announced . "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. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. Their most recent investment was on May 18, 2022, when Recurrent Ventures raised $300M. We do this by using extraordinary people and flexible capital to help companies solve problems. To receive email alerts from Blackstone, sign up below. Our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone-owned lender and servicer Finance of America - HousingWire 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. For press inquiries, contact[emailprotected]. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. All other names and marks referenced in this release are the
Margaret Thatcher Ice Cream Quote,
Motivational Speakers Of The 70s And 80s,
What Happened To Fuze Slenderize Drinks,
Alma Wahlberg Obituary Dorchester Ma,
Articles B