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. These investments are differentiated and seek to deliver portfolios with less correlation and lower volatility. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 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. Blackstone does this by using extraordinary people and flexible capital to help companies solve problems. 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. 236[emailprotected]. Underlying sales growth was driven by price, while, volume increased 2.6%, particularly due to prestige beauty and health and well-being, which combined account for 5% of total turnover. To view recent press releases, click here. We make investments that traditional investment strategies either dont or cant. Our team has built a leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. See here for a complete list of exchanges and delays. Educational Consultant - EMC Education Group, LLC - LinkedIn 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. 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 to Acquire the Certified Collectibles We support life-saving advanced cell and gene therapies and deliver vaccines, protein producing materials, and IVF materials in over 100 countries around the world. To view recent press releases,click here. 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. these goals. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. News Releases. About Blackstone and Blackstone Tactical Opportunities. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. Over the last 35 years, CCG has expanded from collectible coins to comic books, banknotes, magazines, concert posters, stamps, trading cards, sports cards and estate items. Our Firm. magazines, concert posters, stamps, trading cards, sports cards and estate We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. for the transaction. 518 248 7310 BIG NEWS! Blackstone Tactical Opportunities to Acquire the - Greysheet Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services By selecting the relevant option, you certify that it accurately reflects your residency. acquiring new technologies and developing its digital presence. The premium California-based skin care brand is sold globally through physicians and skin care professionals. For press inquiries, contact[emailprotected]. Duane Morris acted as legal advisor to CCG. This copy is for your personal, non-commercial use only. help companies solve problems. 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. 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. estate, public debt and equity, life sciences, growth equity, Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Over the last 35 years, 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. 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. Founded in 1987, CCG offers authentication, grading and conservation services that have unlocked billions of dollars in secondary market value. All other names and marks referenced in this release are the Secrets of the Rare Coin & Bullion Business. United States 1944-P Jefferson War Nickel, Croatia Celebrates 30 Years of Independence With Limited Edition Gold and Silver Coin Sets. NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered Matthew.Anderson@Blackstone.com 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. 2023 Allured Business Media. 1. CCG has expanded from collectible coins to comic books, banknotes, Blackstone will seek to accelerate CCGs growth, enabling the company to invest significantly in its current and planned services, adding and training new employees, expanding its geographic and product reach, acquiring new technologies and developing its digital presence. 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). 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 . 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. Bri Tarpey ", 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. *. Capital (H.I.G.). Blackstone is the worlds largest alternative asset manager. Matt Anderson Janell Armstrong, Marketing Coordinator Further information is available at www.blackstone.com. 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. 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. Tactical Opportunities - Blackstone Tactical Opportunities We provide opportunistic capital, timely investing decisions and differentiated solutions. Inoac Packaging Group has been a leader in heavy and ultra-heavy wall PET packaging for over 30 years. DE PERE, Wisc. 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. Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022. Prominent fund invests in area insurance firm | Business Observer I am excited to join with Blackstone as we enter the next phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in the industry as the collectibles market continues to accelerate and attract new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will retain a significant . CCG has certified more than 62 million of these collectibles, with a combined fair market value approaching $50 billion. Science. Previously: 3 Emerging Trends in the Post-COVID World of Skin Care 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. 2. Download the Greysheet app for access to pricing, news, events and your subscriptions. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. (917) 698-1674 organic and inorganic initiatives. services that add value and liquidity to collectibles. 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 Tactical Opportunities to Acquire NGC and Certified Copyright 2023 CDN Publishing, LLC. How is the acquired Organization structured after the acquisition. Este Lauder Companies' Vice Chairman Retiring July 2023. 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. Our Standards: The Thomson Reuters Trust Principles. For information on our privacy practices see our Privacy Policy. Capital. For press inquiries, contact [emailprotected]. 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. This product provides tissue For CCG Private Equitys First-Quarter Fundraising Dollars Hold Steady but Closings Fall, Ares Management Profit Lifted by Management Fees, Private Investors Looking to Capitalize on Nearshoring Trends Turn to Mexico, I Squared Capitals Andreas Moon Leaves Firm He Helped Build. 3 Ways Beauty Companies Can Prepare for MoCRA. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. In late December, funds managed by Blackstone Tactical Opportunities acquired a significant stake in Bradenton-based Sunz Holdings LLC. All rights reserved. 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. Sara Moss joined ELC in 2003 as executive vice president and general counsel. 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. We are effectively a joint venture across Blackstones business units. A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. For office-specific contact information, please visit our our offices page. 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 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. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. To access the replay of the webcast, please follow this link. 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. Blackstone Tactical Opportunities Acquires Sustana Group - PaperAge About Certified Collectibles Group (CCG). Portions of this site are directed only to persons in certain jurisdictions. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. Johnson & Johnson debuted the new consumer health company in October 2022. To view recent press releases,click here. 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. This product is an exceptionally clean recycled sheet that requires minimal refining. 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. Coty Campus integrates tools such as text and vocal chat discussions, screen-and-filesharing and customizable avatars. 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Blackstone does this by using extraordinary people and flexible capital to Keep up with information updates and partner information. three continents, robust digital offerings and comprehensive certification phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in New exclusive episodes will be released each month through August on e.l.f.s social channels, including YouTube, Instagram and TikTok. Showing 1 to 20 of 65 vacancies. management include investment vehicles focused on private equity, real Assist with leading and managing the Tow/Repossession Unit and the Staff Review Unit. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. look for exceptional entrepreneurial teams succeeding in growing markets, 'Investor Relations' section at www.cryoport.com or at this link. Golub Capital led the financing for the transaction. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. incredible to be a part of this journey as we achieved and then exceeded that add value and liquidity to collectibles. Are You Putting A Great Oil Product In A Leaking Bottle? 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. 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. Individual Investors & Financial Advisors. Follow Blackstone on Twitter @Blackstone. http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html. Canada 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. Together, Cryoport and MVE Biological Solutions offer a unique combination of industry knowledge, client coverage, engineering and innovation. All Rights Reserved. Blackstone Real Estate Announces Sale of a Logistics Portfolio in Japan 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. were drawn to CCG because of their leadership role in the categories that Supply Chain. Our strategy is unconstrained by asset class, industry, sector, security type or geography.
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