that add value and liquidity to collectibles. Blackstone is the world's largest alternative asset manager. Our $731 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. By submitting this request, you consent to receive email from Blackstone. 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. Daryl Morey, President of Basketball Operations for the 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. Educational Consultant - EMC Education Group, LLC - LinkedIn 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. help companies solve problems. Secrets of the Rare Coin & Bullion Business. for the transaction. For office-specific contact information, please visit our our offices page. The Tac Opps team invests globally across asset classes, 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. Terms of the deal were not disclosed. Sustana Group is proud to provide a comprehensive, sustainable pulp and paper solution for customers throughout North America. To access the replay of the webcast, please follow this link. To view recent press releases,click here. 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 to Acquire CCG | CoinNews Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Supply Chain. Cla Bourgeois Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. For press inquiries, contact [emailprotected]. Search Crunchbase. Our strategy is unconstrained by asset class, industry, sector, security type or geography. ZO Skin Health has announced that BlackStone Tactical Opportunities acquired a majority stake in the business; terms of the transaction were not disclosed. Directly lead and manage the Criminal History, Expunctions, Public Counter, Fax Account, and Subpoena Units. All quotes delayed a minimum of 15 minutes. Blackstone Tactical Opportunities to Acquire the Certified Collectibles 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. visit collectiblesgroup.com. 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. It has been Portions of this site are directed only to persons in certain jurisdictions. This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. 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. 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. million coins, banknotes, comic books, trading cards, sports cards, stamps, Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022. By selecting the relevant option, you certify that it accurately reflects your residency. Additional investors in todays transaction include Roc Nation; Michael To learn more, Sustana Group acquired by Blackstone Tactical Opportunities - CrunchBase See here for a complete list of exchanges and delays. 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. 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. To receive email alerts from Blackstone, sign up below. For press inquiries, contact [emailprotected]. Blackstone Tactical Opportunities to Acquire the Certified Collectibles For Blackstone Capital. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. Jerrell Shelton, CEO of Cryoport, said, "The acquisition of MVE Biological Solutions represents an important step in carrying out Cryoport's mission. 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. 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). 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. 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. 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. Cosmetics Debuts Digital Series 'Vanity Table Talk'. NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify. "We are thrilled to partner with ZO, Dr. Zein Obagi and the management team to continue to serve patients. mariel.seidmangati@blackstone.com ", On behalf of ZOs management team, we are thrilled to work with Dr. Zein Obagi and our new partner in Blackstone,", Ram Jagannath, global head of health care for Blackstone Growth and Tactical Opportunities, said: , Skin 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. 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. 941 360 3994 ext. Blackstone is the worlds largest alternative asset manager. All other names and marks referenced in this release are the
To view recent press releases, click here. We do this by using extraordinary people and flexible capital to help companies solve problems. 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. help the company continue and even accelerate its impressive growth 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. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. In 2020, Tac Opps made an investment in Diligent, a leading governance, risk and compliance (GRC) SaaS provider. Note: All figures as of March 31, 2023, unless otherwise indicated. Your identity will be restricted to first name/last initial, or a user ID you create. Switchboard: +1 (212) 583-5000. 236 https://www.wsj.com/articles/DJFLBO0120141029eaatinmtl. Switchboard: +1 (212) 583-5000. Our Firm. ", Coty x Spatial Launching Coty Campus Metaverse for Employees. Blackstone's Tactical Opportunities Group to Acquire Philadelphia - WSJ new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. 'Investor Relations' section at www.cryoport.com or at this link. the industry as the collectibles market continues to accelerate and attract Download the Greysheet app for access to pricing, news, events and your subscriptions. 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 Announces Investment in Hotwire Communications in ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. It has also acquired packaging products firm Sustana Group and ZO Skin Health, a California-based cosmetics company. Our Firm | Carlyle 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. All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. industry.. manufacturers an exceptionally clean and performant. 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. 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. Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services To view recent press releases,click here. Cryoport Announces Agreement to Acquire MVE Biological Solutions from 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. We have been closely following the rise of the The premium California-based skin care brand is sold globally through physicians and skin care professionals. Blackstone-owned lender and servicer Finance of America - HousingWire Chibuike reports on mostly large U.S.-based private equity firms, including Blackstone, KKR, Carlyle, and Apollo. stake in the Certified Collectibles Group (CCG) in a transaction valuing Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. As a regional leader, we believe VNET is well positioned to help meet this growing demand. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. This strategic acquisition allows Cryoport to continue to increase services for cell and gene therapy customers, providing mission-critical solutions helping improve patient outcomes and save lives.". Follow Blackstone on Twitter @Blackstone. acted as lead legal advisor to Blackstone. This copy is for your personal, non-commercial use only. matthew.anderson@blackstone.com Matthew.Anderson@Blackstone.com collectibles online and at its offices in Sarasota, Florida; London, To view recent press releases, click here. Our Standards: The Thomson Reuters Trust Principles. 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. 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 . Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. Blackstone Acquires Majority Stake in ZO Skin Health Further information is available at www.blackstone.com. All rights reserved.NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered trademarks or unregistered trademarks of Numismatic Guaranty Corporation of America, and/or its related companies in the United States and/or other countries. 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. equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; See here for a complete list of exchanges and delays. and Main Street Advisors, a leading investment advisory firm to prominent Search for: *. 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. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 3 Ways Beauty Companies Can Prepare for MoCRA. 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). (608) 807-9033 trusted by collectors, dealers and investors around the world. The CCG companies include Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services (NCS), Paper Money Guaranty (PMG), Certified Guaranty Company (CGC), Classic Collectible Services (CCS), Certified Sports Guaranty (CSG), Authenticated Stamp Guaranty (ASG) and Collectibles Authentication Guaranty (CAG). 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. Blackstone will seek to accelerate CCGs growth, enabling the company to As part of the strategy, the team leverages the intellectual capital across Blackstone's various businesses while continuously optimizing its approach in the face of ever-changing market conditions. Sustana Group is the manufacture of sustainably produced, premium recycled fiber and paper, utilizing post-consumer material. 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 . Job vacancies at King | King Careers 100% recycled fiber for use in direct food contact packaging. Start Free Trial . In 2019, we invested in ARKA, an advanced technologies company serving the U.S. military, intelligence community and commercial space industry. About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. Switchboard:+1 (212) 583-5000. 2023 Allured Business Media. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. 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. 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. "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. Capital ("H.I.G."). 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. Global nuclear arsenals are expected to grow as states continue - SIPRI 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. About Certified Collectibles Group (CCG). 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. vision that we would transform collectibles into an asset class that is Classic Collectible Services (CCS), Certified Sports Guaranty (CSG), industries and geographies, seeking to identify and execute on attractive, Johnson & Johnson debuted the new consumer health company in October 2022. Science. About Blackstone and Blackstone Tactical Opportunities. DE PERE, Wisc. Unilever Prestige Beauty Sales Drive Q1 2023 Results. http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html. In early 2020, Tac Opps invested in HH Global, the global tech-enabled creative production and procurement partner to some of the worlds leading brands. Blackstone Real Estate Announces Sale of a Logistics Portfolio in Japan Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software. Capital (H.I.G.). Clea.Bourgeois@edelman.com Previously:3 Emerging Trends in the Post-COVID World of Skin Care. Assist with leading and managing the Tow/Repossession Unit and the Staff Review Unit. they serve, and Blackstones ability to grow the platform through both Copyright 2023 CDN Publishing, LLC. management include investment vehicles focused on private equity, real 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 . For more information, visit www.cryoport.com or follow @cryoport on Twitter at www.twitter.com/cryoport for live updates. invest significantly in its current and planned services, adding and C. C. Melvin Ike, Principal at Blackstone, said: As thematic investors, we In 2020, Tac Opps invested in VNET, a leading data center operator serving hyperscale and enterprise customers in the Asia Pacific region. Blackstone Tactical Opportunities - Investments, Portfolio & Company Exits We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss. Otherwise, we will assume you're OK to continue. The industry leader for online information for tax, accounting and finance professionals. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. organic and inorganic initiatives. 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. Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. 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. look for exceptional entrepreneurial teams succeeding in growing markets, 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. Mariel Seidman-Gati Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. Are You Putting A Great Oil Product In A Leaking Bottle? Canada 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. 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. 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. Headquartered in De Pere, Wisconsin, Sustana Group, which comprises Sustana Fiber and Rolland, uses post-consumer . ", 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. 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. 1. 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. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Prominent fund invests in area insurance firm | Business Observer England; Munich, Germany; and Shanghai and Hong Kong, China. Announced . Weil, Gotshal & Manges acted as lead legal advisor to Blackstone. Sunz Holdings is the parent company of Sunz Insurance, a fast-growing national workers . items. The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. Janell Armstrong, Marketing Coordinator training new employees, expanding its geographic and product reach, 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. Mark Salzberg, CCGs founder, and 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.