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. We look forward to working together to Today, CCG serves the world of collectibles online and at its offices in Sarasota, Florida; London, England; Munich, Germany; and Shanghai and Hong Kong, China. 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. million coins, banknotes, comic books, trading cards, sports cards, stamps, Our Standards: The Thomson Reuters Trust Principles. . Blackstone to Acquire CCG | CoinNews Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. Furthermore, it is the continuation of Cryoport's drive in further developing the highest quality, most reliable and comprehensive temperature-controlled supply chain company supporting the life sciences industry. and CCG is a great example. Subscribe to Monthly Greysheet for the industry's most respected pricing and to read more articles just like this. By submitting this request, you consent to receive email from Blackstone. We provide opportunistic capital, timely investing decisions and differentiated solutions. companies they invest in, and the communities in which they work. CCG is a leading provider of expert, impartial and tech-enabled services Mariel Seidman-Gati Canada 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. 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 Tactical Opportunities acquires Sustana Group on 2021-12-01 for an undisclosed amount. A dial-in replay of the call will also be available, to those interested, until September 1, 2020. 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. manufacturers an exceptionally clean and performant. management include investment vehicles focused on private equity, real This copy is for your personal, non-commercial use only. Weil, Gotshal & Manges acted as lead legal advisor to Blackstone. Coty Campus integrates tools such as text and vocal chat discussions, screen-and-filesharing and customizable avatars. Authenticated Stamp Guaranty (ASG) and Collectibles Authentication He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Our Firm | Carlyle CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify. We are effectively a joint venture across Blackstones business units. Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. The Tac Opps team invests globally across asset classes,. For press inquiries, contact[emailprotected]. 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. 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. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. Our team has built the leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. 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. vision that we would transform collectibles into an asset class that is England; Munich, Germany; and Shanghai and Hong Kong, China. 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). acquiring new technologies and developing its digital presence. We have been closely following the rise of the Tactical Opportunities - Blackstone Tactical Opportunities We provide opportunistic capital, timely investing decisions and differentiated solutions. platform. Follow Blackstone on Twitter @Blackstone. From the moment we met the Blackstone team, we could tell that we shared Headquartered in De Pere, Wisconsin, Sustana Group, which comprises Sustana Fiber and Rolland, uses post-consumer . Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html. Cryoport cautions investors not to place undue reliance on the forward-looking statements contained in this press release, which speak only as of the date of this press release. Blackstone-owned lender and servicer Finance of America - HousingWire See here for a complete list of exchanges and delays. 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. NASHVILLE, Tenn., Aug. 25, 2020 /PRNewswire/ -- Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport" or the "Company"), a global leader in temperature-controlled supply chain solutions for the life sciences industry, today announced it has signed an agreement to acquire MVE Biological Solutions ("MVE"), a global leader in manufactured vacuum insulated products and cryogenic freezer systems for the life sciences industry, from Chart Industries, Inc. (NASDAQ: GTLS). Supply Chain. 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. 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. This copy is for your personal, non-commercial use only. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Follow Blackstone on Twitter @Blackstone. In 2020, Tac Opps invested in Ki, the first fully digital and algorithmically driven insurance underwriter in the Lloyds of London market. Classic Collectible Services (CCS), Certified Sports Guaranty (CSG), To view recent press releases,click here. Additional investors in todays transaction include Roc Nation; Michael The Tac Opps team invests globally across asset classes, positive impact for the companies it acquires and the communities that they Further information is available at www.blackstone.com. incredible to be a part of this journey as we achieved and then exceeded 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. funds, all on a global basis. Duane Morris acted as legal advisor to CCG. 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 Capital (H.I.G.). forefront of the fast-growing global collectibles industry with offices on Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Further information is available at www.blackstone.com. assets under management and a strong track record of creating value and a United States 1944-P Jefferson War Nickel, Croatia Celebrates 30 Years of Independence With Limited Edition Gold and Silver Coin Sets. A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. opportunistic, non-investment grade credit, real assets, and secondary Weil, Gotshal & Manges 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 . For office-specific contact information, please visitour offices page. 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. The premium California-based skin care brand is sold globally through physicians and skin care professionals. 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 (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. 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 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 . Goldman, Sachs & Co. is acting as exclusive financial advisor to Blackstone and Simpson Thacher & Bartlett LLP is acting as its legal advisor. mariel.seidmangati@blackstone.com Copyright 2023 CDN Publishing, LLC. By selecting the relevant option, you certify that it accurately reflects your residency. We look forward to working together to help the company continue and even accelerate its impressive growth trajectory.. 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. trajectory.. Matthew.Anderson@Blackstone.com Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. create positive economic impact and long-term value for investors, the To view recent press releases,click here. For office-specific contact information, please visit our our offices page. Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. 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). 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. 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. For press inquiries, contact [emailprotected]. Tactical Opportunities - Blackstone 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. View original content to download multimedia:http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html, << Back to 2020 (917) 698-1674 Through Cryoport's acquisition, we believe MVE Biological Solutions will deliver strong growth as the demand for its solutions from cell and gene therapy customers continues to increase. News Releases. The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. We do this by using extraordinary people and flexible capital to help companies solve problems. 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. HH Globals track record for building long-term, trusted client relationships and its technology focus has created significant runway for future growth as corporations are increasingly outsourcing services to improve their return on marketing investment. 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. 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 . CCG has expanded from collectible coins to comic books, banknotes, Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. For office-specific contact information, please visitour offices page. Our team has built a leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. Enter your e-mail and subscribe to our newsletter. (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. We make investments that traditional investment strategies either dont or cant. the company at more than $500 million. 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 . 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. 'Investor Relations' section at www.cryoport.com or at this link. trusted by collectors, dealers and investors around the world. Blackstone is the worlds largest alternative asset manager. 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. These investments are differentiated and seek to deliver portfolios with less correlation and lower volatility. global physical and digital collectibles industry for several years and we 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. To receive email alerts from Blackstone, sign up below. In conjunction with Blackstone's investment in Cryoport, Cryoport will appoint Ram Jagannath, Senior Managing Director and Global Head of Healthcare for Blackstone Growth and Tactical Opportunities, to its Board of Directors upon the closing of the transaction. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in. 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." Clea.Bourgeois@edelman.com For information on our privacy practices see our Privacy Policy. ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. DE PERE, Wisc. Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging | Business Wire Blackstone Tactical Opportunities. three continents, robust digital offerings and comprehensive certification these goals. (514) 895-6193, Internet Explorer presents a security risk. We have been closely following the rise of the global physical and digital collectibles industry for several years and we were drawn to CCG because of their leadership role in the categories that they serve, and Blackstones ability to grow the platform through both organic and inorganic initiatives. Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Cryoportand Latham & Watkins LLP is acting as its legal advisor. Blackstone has amassed about $5 billion for the Blackstone Tactical Opportunities Fund IV, which was initially aiming to raise only $4 billion, Reuters previously reported. 236[emailprotected]. Bri Tarpey Over the last 35 years, 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. 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. Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth the same vision for the future of our company and the global collectibles How is the acquired Organization structured after the acquisition. Cryoport, Inc. (Nasdaq: CYRX) is redefining temperature controlled supply chain support for the life sciences industry by providing a broad platform of temperature-controlled supply chain solutions, serving the Biopharma, Reproductive Medicine, and Animal Health markets. 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. 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. 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. To view recent press releases, click here. 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 . Deca Dental Group Announces Strategic Investment From Blackstone they serve, and Blackstones ability to grow the platform through both Our 2020 investment funded a strategic acquisition that expanded Cryoports product offering and strengthened their ability to provide fully integrated, end-to-end supply chain solutions.