For CCG 1. 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.
BIG NEWS! Blackstone Tactical Opportunities to Acquire the - Greysheet 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. Inoac Packaging Group has been a leader in heavy and ultra-heavy wall PET packaging for over 30 years. Matt Anderson countries. forefront of the fast-growing global collectibles industry with offices on NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered 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. 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. 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. 100% recycled fiber for use in direct food contact packaging. 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.". athletes, recording artists, and other leaders across entertainment and Mark Salzberg, CCGs founder, and 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. 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. Announced . The $6.7 billion Blackstone Tactical Opportunities Fund II and the Tactical Opportunities Fund III, which raised $4.09 billion, had generated a net internal rate of return of 14.1% and 11.7%, respectively, as of June last year, according to the California Public Employees' Retirement System. 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. Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth items. 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. Sign up to receive financial updates and information. Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. As a regional leader, we believe VNET is well positioned to help meet this growing demand. Capital ("H.I.G."). 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 . Johnson & Johnson Announces Kenvue, Inc. IPO Roadshow.
Deca Dental Group Announces Strategic Investment From Blackstone To access the replay, dial +1 844-512-2921 (United States) or +1 412-317-6671 (International) and enter replay pin number: 10010868. 2. collectibles online and at its offices in Sarasota, Florida; London, Assist with leading and managing the Tow/Repossession Unit and the Staff Review Unit. To learn more, By submitting this request, you consent to receive email from Blackstone. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 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. See here for a complete list of exchanges and delays. SARASOTA, FLA. (July 1, 2021) Contact: 332-999-6154. 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. Previously:3 Emerging Trends in the Post-COVID World of Skin Care. 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 . Mark Salzberg, founder of CCG, said: When I established CCG, I had a Our Standards: The Thomson Reuters Trust Principles. 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. Under the agreement, Cryoport will acquire MVE in an all cash transaction valued at $320 million. In 2020, Tac Opps invested in VNET, a leading data center operator serving hyperscale and enterprise customers in the Asia Pacific region. Switchboard: +1 (212) 583-5000. Certainty. Bri Tarpey positive impact for the companies it acquires and the communities that they Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022.
Blackstone Announces Investment in Hotwire Communications in Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging | Business Wire Blackstone Tactical Opportunities. 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. magazines, concert posters, stamps, trading cards, sports cards and estate We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss. From the moment we met the Blackstone team, we could tell that we shared Opportunities business (Blackstone) have agreed to acquire a majority Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Blackstones $649 billion in assets under new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. DE PERE, Wisc. I am excited to join with Blackstone as we enter the next Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Blackstone is one of the worlds leading investment firms and seeks to industries and geographies, seeking to identify and execute on attractive, Dec. 3, 2021 - Blackstone on Dec. 2 announced that funds managed by its Blackstone Tactical Opportunities business ("Blackstone") have acquired Sustana Group from an affiliate of H.I.G. phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in Jerrell Shelton, CEO of Cryoport, said, "The acquisition of MVE Biological Solutions represents an important step in carrying out Cryoport's mission. "We are thrilled to partner with ZO, Dr. Zein Obagi and the management team to continue to serve patients. Capital (H.I.G.). 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. (917) 698-1674 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). (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. 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. look for exceptional entrepreneurial teams succeeding in growing markets, Blackstone does this by using extraordinary people and flexible capital to
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. 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. organic and inorganic initiatives. 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). Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will retain a significant . About Certified Collectibles Group (CCG).
Blackstone Tactical Opportunities - Investments, Portfolio & Company Exits Secrets of the Rare Coin & Bullion Business. Este Lauder Companies' Vice Chairman Retiring July 2023. Open Roles - Join Us! Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. acquiring new technologies and developing its digital presence. Chrome Extension. (608) 807-9033 Blackstone will seek to accelerate CCGs growth, enabling the company to is one of the worlds leading investment firms with nearly $650 billion in Follow Blackstone on Twitter @Blackstone. Chibuike reports on mostly large U.S.-based private equity firms, including Blackstone, KKR, Carlyle, and Apollo. Duane Morris acted as legal advisor to CCG. 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. 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. 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. (518) 248-7310 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 Blackstone Tactical Opportunities Acquires Sustana Group - PaperAge 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. Sustana Group is the manufacture of sustainably produced, premium recycled fiber and paper, utilizing post-consumer material. We look forward to working together to help the company continue and even accelerate its impressive growth trajectory.. offers authentication, grading and conservation services that have unlocked Blackstone Tactical Opportunities has made 14 investments. million coins, banknotes, comic books, trading cards, sports cards, stamps, To learn more, visit collectiblesgroup.com. How is the acquired Organization structured after the acquisition. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. funds, all on a global basis. create positive economic impact and long-term value for investors, the Further information is available at www.blackstone.com. 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. equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; Mariel Seidman-Gati Solutions. The Tac Opps team invests globally across asset classes, By submitting this request, you consent to receive email from Blackstone. Matt Anderson From the moment we met the Blackstone team, we could tell that we shared the same vision for the future of our company and the global collectibles industry.. For information on our privacy practices see our Privacy Policy.
Blackstone Tactical Opportunities Announces Acquisition of Sustana, a estate items and related collectibles. the company at more than $500 million. platform. We are effectively a joint venture across Blackstones business units. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. 2023 Allured Business Media. Further information is available at www.blackstone.com. We do this by using extraordinary people and flexible capital to help companies solve problems. It has also acquired packaging products firm Sustana Group and ZO Skin Health, a California-based cosmetics company. Blackstone is one of the worlds leading investment firms with nearly $650 billion in assets under management and a strong track record of creating value and a positive impact for the companies it acquires and the communities that they serve. Additional investors in todays transaction include Roc Nation; Michael 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. Search Crunchbase. 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 . 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. 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 have agreed to acquire a majority stake in the Certified Collectibles Group (CCG) in a transaction . 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. Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services Johnson & Johnson debuted the new consumer health company in October 2022. We look forward to working together to . https://www.wsj.com/articles/DJFLBO0120141029eaatinmtl.
Oat-Milk Company Oatly Draws Investment From Blackstone-Led Group 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. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Follow Blackstone on Twitter @Blackstone. 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. Switchboard:+1 (212) 583-5000. 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. 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. 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. 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 to Acquire the Certified Collectibles A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Switchboard:+1 (212) 583-5000.
Cryoport Announces Agreement to Acquire MVE Biological Solutions from ", 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. 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.. Today, CCG serves the world of Matthew.Anderson@Blackstone.com Founded in 1987, CCG This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. manufacturers an exceptionally clean and performant. All quotes delayed a minimum of 15 minutes. 236 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. 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. "We can now far better understand the biological pathways that drive the behavior of cells", e.l.f. This investment - Post-IPO Equity - Finance of America Companies - was valued at $300M. The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. CCG has certified more than 62 million of these collectibles, with a Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. industry..
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All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. 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. CCGs leadership team will remain in place, combining their experience and
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Their most recent investment was on May 18, 2022, when Recurrent Ventures raised $300M. invest significantly in its current and planned services, adding and
In 2019, we invested in ARKA, an advanced technologies company serving the U.S. military, intelligence community and commercial space industry. USA All Rights Reserved. and Main Street Advisors, a leading investment advisory firm to prominent 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. For Sustana CCG is a leading provider of expert, impartial and tech-enabled services 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. America, and/or its related companies in the United States and/or other 'Investor Relations' section at www.cryoport.com or at this link. CCG is a leading, global provider of expert, impartial and tech-enabled
Blackstone Infrastructure Purchases 35% Stake in Phoenix Tower ", 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.
Blackstone Tactical Opportunities Announces Acquisition of Sustana, a