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. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. 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. 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. Matt Anderson acted as lead legal advisor to Blackstone. We do this by using extraordinary people and flexible capital to help companies solve problems. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. 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. Your identity will be restricted to first name/last initial, or a user ID you create. SARASOTA, FLA. (July 1, 2021) . Report: Boost Lab x tbh Skincare Merge to Form York Street Brands. billions of dollars in secondary market value. For press inquiries, contact [emailprotected]. By selecting the relevant option, you certify that it accurately reflects your residency. CCG is a leading, global provider of expert, impartial and tech-enabled Este Lauder Companies' Vice Chairman Retiring July 2023. 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Matt Anderson 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 completed a follow-on investment in 2020, furthering our mission to deliver next-generation solutions to support the national security space domain. Sara Moss joined ELC in 2003 as executive vice president and general counsel. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. 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. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. The CCG companies include We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. 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 . Portions of this site are directed only to persons in certain jurisdictions. Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. Blackstone Real Estate Announces Sale of a Logistics Portfolio in Japan To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. We do this by using extraordinary people and flexible capital to help companies solve problems. "We can now far better understand the biological pathways that drive the behavior of cells", e.l.f. Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Cryoportand Latham & Watkins LLP is acting as its legal advisor. 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. CCG is a leading, global provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. 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. ", 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. Follow Blackstone on Twitter @Blackstone. 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. for the transaction. Blackstone Tactical Opportunities acquires Sustana Group on 2021-12-01 for an undisclosed amount. United States 1944-P Jefferson War Nickel, Croatia Celebrates 30 Years of Independence With Limited Edition Gold and Silver Coin Sets. services for collectibles. 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." million coins, banknotes, comic books, trading cards, sports cards, stamps, 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. 3 Ways Beauty Companies Can Prepare for MoCRA. Deca Dental Group Announces Strategic Investment From Blackstone This acquisition is a further step in Cryoport fulfilling its mission of being "the life sciences industry's preeminent partner for temperature-controlled supply chain solutions" by broadening its footprint of solutions and services to the life sciences industry, and in particular to the fast-growing cell and gene market. 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). In 2020, Tac Opps invested in Ki, the first fully digital and algorithmically driven insurance underwriter in the Lloyds of London market. Golub Capital led the financing Blackstone (NYSE:BX) announced today that funds managed by its Tactical Our strategy is unconstrained by asset class, industry, sector, security type or geography. See here for a complete list of exchanges and delays. To receive email alerts from Blackstone, sign up below. Open Roles - Join Us! We make investments that traditional investment strategies either dont or cant. combined fair market value approaching $50 billion. three continents, robust digital offerings and comprehensive certification 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. Our team has built the leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. help the company continue and even accelerate its impressive growth 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. Jay-Z, Blackstone Acquire CGC Parent Certified Collectibles Group England; Munich, Germany; and Shanghai and Hong Kong, China. Follow Blackstone on Twitter @Blackstone. About Certified Collectibles Group (CCG). Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. Previously:3 Emerging Trends in the Post-COVID World of Skin Care. 100% recycled fiber for use in direct food contact packaging. Note: All figures as of March 31, 2023, unless otherwise indicated. 2. 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 . This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. This marks an exciting time in our growth as we become a larger and more comprehensive global player in supporting the fast growing cell and gene therapy industry and the life sciences industry, at large, with the most advanced and reliable temperature-controlled supply chain solutions in the world. Otherwise, we will assume you're OK to continue. Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. 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). New exclusive episodes will be released each month through August on e.l.f.s social channels, including YouTube, Instagram and TikTok. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment Today, CCG sits at the Blackstone Announces Investment in Hotwire Communications in (917) 698-1674 "We will now have greater resources and tools to help us on our path in becoming the leading global physician-dispensed brand. 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. Chrome Extension. (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. Blackstone Tactical Opportunities has made 14 investments. Blackstone Tactical Opportunities to Acquire NGC and Certified To fund the acquisition, Cryoport is receiving a $275 million investment from funds managed by Blackstone Tactical Opportunities (NYSE: BX) ("Blackstone"). Blackstone-owned lender and servicer Finance of America - HousingWire ", Ram Jagannath, Senior Managing Director of Blackstone, said, "Life sciences and logistics are two of Blackstone's highest-conviction investment areas and we're excited to back an industry-leader at the cross-section of these fast-growing sectors. This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. 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. Sunz Holdings is the parent company of Sunz Insurance, a fast-growing national workers . Mark Salzberg, CCGs founder, and The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify. countries. 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., ZOSkin Health is one of the fastest-growing brands in the rapidly expanding professional skin care market," said Todd Hirsch, a senior managing director at Blackstone. Showing 1 to 20 of 65 vacancies. Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. (NCS), Paper Money Guaranty (PMG), Certified Guaranty Company (CGC), Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. Johnson & Johnson Announces Kenvue, Inc. IPO Roadshow. Headquartered in Ball Ground, Georgia, USA, MVE provides cryogenic storage and transportation solutions for the life sciences industry through its advanced line of stainless steel freezers, aluminum dewars and related ancillary equipment used in the storage and transport of life sciences commodities, which includes the rapidly growing cell and gene therapies business. For Blackstone Blackstone Tactical Opportunities Announces Acquisition of Sustana, a For more information, visit www.cryoport.com or follow @cryoport on Twitter at www.twitter.com/cryoport for live updates. Statements in this news release which are not purely historical, including statements regarding Cryoport's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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. 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. 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. 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. 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. 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. *. industries and geographies, seeking to identify and execute on attractive, DE PERE, Wisc. Sustana Group is proud to provide a comprehensive, sustainable pulp and paper solution for customers throughout North America. (514) 895-6193, Internet Explorer presents a security risk. create positive economic impact and long-term value for investors, the This copy is for your personal, non-commercial use only. 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. USA 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. that add value and liquidity to collectibles. Further information is available at www.blackstone.com. Capital (H.I.G.). 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. these goals. All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. 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. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. 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 . estate items and related collectibles. Capital ("H.I.G."). Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. 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. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. For office-specific contact information, please visitour offices page. Switchboard: +1 (212) 583-5000. Mark Salzberg, founder of CCG, said: When I established CCG, I had a 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. Sustana Group acquired by Blackstone Tactical Opportunities - CrunchBase Under the agreement, Cryoport will acquire MVE in an all cash transaction valued at $320 million. Weil, Gotshal & Manges 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. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will retain a significant . training new employees, expanding its geographic and product reach, Follow Blackstone on Twitter @Blackstone. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. 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. Start Free Trial . 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. 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. forefront of the fast-growing global collectibles industry with offices on 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. 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.. Blackstone will seek to accelerate CCGs growth, enabling the company to new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. industry.. 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. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. Under the terms of its investment, Blackstone will purchase $250 million of a newly designated Perpetual 4% Series C Convertible Preferred stock of the Company, with a purchase price of $1,000 per share, and $25 million ofcommon stock of the Company. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; opportunistic, non-investment grade credit, real assets, and secondary Blackstone's Tactical Opportunities Group to Acquire Philadelphia - WSJ Duane Morris acted as legal advisor to CCG. Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. Switchboard: +1 (212) 583-5000. (608) 807-9033 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. Blackstone Tactical Opportunities to Acquire the Certified Collectibles funds, all on a global basis. 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. A dial-in replay of the call will also be available, to those interested, until September 1, 2020. Blackstone is the world's largest alternative asset manager. 941 360 3994 ext. 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 . offers authentication, grading and conservation services that have unlocked Goldman, Sachs & Co. is acting as exclusive financial advisor to Blackstone and Simpson Thacher & Bartlett LLP is acting as its legal advisor. stake in the Certified Collectibles Group (CCG) in a transaction valuing 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. Keep up with information updates and partner information.
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