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. CCG has certified more than 62 million of these collectibles, with a magazines, concert posters, stamps, trading cards, sports cards and estate We do this by using extraordinary people and flexible capital to help companies solve problems. ", On behalf of ZOs management team, we are thrilled to work with Dr. Zein Obagi and our new partner in Blackstone,"said president and CEO at ZO Skin Health, Mark Williams. The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. (518) 248-7310 Johnson & Johnson debuted the new consumer health company in October 2022. 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. Considering all of the many advantages of our business, being a part of Blackstone is the single biggest differentiator and the one which is hardest to replicate.. 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. services that add value and liquidity to collectibles. Blackstones $649 billion in assets under By selecting the relevant option, you certify that it accurately reflects your residency. Less than a year following our investment, HH Global closed a strategic acquisition of InnerWorkings, and has subsequently completed further acquisitions that extend its global reach and capability, which we believe will power continued growth. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in. Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Switchboard: +1 (212) 583-5000. Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. 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. Este Lauder Companies' Vice Chairman Retiring July 2023. 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. 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. "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. matthew.anderson@blackstone.com jarmstrong@collectiblesgroup.com. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Individual Investors & Financial Advisors. Sign up to receive financial updates and information. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. 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. Our strategy is unconstrained by asset class, industry, sector, security type or geography. C. C. Melvin Ike, Principal at Blackstone, said: As thematic investors, we create positive economic impact and long-term value for investors, the Blackstone (NYSE:BX) announced today that funds managed by its Tactical Directly lead and manage the Criminal History, Expunctions, Public Counter, Fax Account, and Subpoena Units. These investments are differentiated and seek to deliver portfolios with less correlation and lower volatility. 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. Blackstone 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. CCG has certified more than 62 million of these collectibles, with a combined fair market value approaching $50 billion. 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. 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. trusted by collectors, dealers and investors around the world. For Blackstone "We are thrilled to partner with ZO, Dr. Zein Obagi and the management team to continue to serve patients. expertise with Blackstones extensive resources. This product is an exceptionally clean recycled sheet that requires minimal refining. 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). Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. Blackstone Tactical Opportunities has made 14 investments. for the transaction. 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. 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. mariel.seidmangati@blackstone.com 'Investor Relations' section at www.cryoport.com or at this link. We do this by using extraordinary people and flexible capital to help companies solve problems. Clea.Bourgeois@edelman.com acquiring new technologies and developing its digital presence. All Rights Reserved. Classic Collectible Services (CCS), Certified Sports Guaranty (CSG), 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Cosmetics Debuts Digital Series 'Vanity Table Talk'. ", Coty x Spatial Launching Coty Campus Metaverse for Employees. All rights reserved. Capital. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss. 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. (NCS), Paper Money Guaranty (PMG), Certified Guaranty Company (CGC), (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. Bri.Tarpey@edelman.com (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. Jerrell Shelton, CEO of Cryoport, said, "The acquisition of MVE Biological Solutions represents an important step in carrying out Cryoport's mission. global physical and digital collectibles industry for several years and we stake in the Certified Collectibles Group (CCG) in a transaction valuing Mariel Seidman-Gati To view recent press releases, click here. CCGs leadership team will remain in place, combining their experience and Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. and SAINT-JRME, Quebec 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. 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. All rights reserved. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. This product provides tissue +1 -855-327-6837 (U.S.), +1 631-891-4304 (International). opportunistic, non-investment grade credit, real assets, and secondary 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. is one of the worlds leading investment firms with nearly $650 billion in Founded in 1987, CCG Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. America, and/or its related companies in the United States and/or other 2023 Allured Business Media. Follow Blackstone on Twitter @Blackstone. Switchboard: +1 (212) 583-5000. 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. CCG is a leading, global provider of expert, impartial and tech-enabled To view recent press releases,click here. All other names and marks referenced in this release are the 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." Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging | Business Wire Blackstone Tactical Opportunities. To learn more, visit collectiblesgroup.com. The Tac Opps team invests globally across asset classes, 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. 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. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. 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. Oddity's Revela Acquisition Scales Up AI Beauty Ingredients for D2C Launches, Advances in computation and molecular biology have ushered in a new era of discovery and development," said Evan Zhao, Ph.D., Revela co-founder and CEO. For more information visit: https://www.sustanagroup.com/, For Blackstone: trade names, trademarks, or service marks of their respective owners. It has also acquired packaging products firm Sustana Group and ZO Skin Health, a California-based cosmetics company. Duane Morris acted as legal advisor to CCG. ", Ram Jagannath, global head of health care for Blackstone Growth and Tactical Opportunities, said: ZOSkin Healths results-driven products are best-in-class in the physician market, and their position as a trusted skin care brand has made them a market leader and partner to medical 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. The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. For office-specific contact information, please visit our our offices page. Certainty. 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. About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. Note: All figures as of March 31, 2023, unless otherwise indicated. 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. For information on our privacy practices see our Privacy Policy. Individual Investors & Financial Advisors. 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. In 2020, Tac Opps made an investment in Diligent, a leading governance, risk and compliance (GRC) SaaS provider. 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. Tactical Opportunities is Blackstone's platform investing globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment. Further information is available at www.blackstone.com. and Main Street Advisors, a leading investment advisory firm to prominent Search for: *. 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 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. 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. 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. 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. organic and inorganic initiatives. A dial-in replay of the call will also be available, to those interested, until September 1, 2020. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. Over the last 35 years, visit collectiblesgroup.com. incredible to be a part of this journey as we achieved and then exceeded athletes, recording artists, and other leaders across entertainment and 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. can i invoice council for mowing nature strip qld, michael o'dwyer family,
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