collectibles online and at its offices in Sarasota, Florida; London, Follow Blackstone on Twitter @Blackstone. magazines, concert posters, stamps, trading cards, sports cards and estate 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. 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. Hannover Re is providing financing for the transaction, which is expected to close in the third quarter of 2015. Keep up with information updates and partner information. million coins, banknotes, comic books, trading cards, sports cards, stamps, For office-specific contact information, please visit our our offices page. 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. Otherwise, we will assume you're OK to continue. DE PERE, Wisc. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Blackstone is the world's largest alternative asset manager. A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. three continents, robust digital offerings and comprehensive certification Bri Tarpey 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. 2021 Certified Collectibles Group. combined fair market value approaching $50 billion. 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. 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. About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Sustana Group, comprised of Sustana Fiber and Rolland, is committed to industry-leading product quality, continuous improvement and environmental stewardship by innovating solutions that are better for business, better for the environment and better for society at large. The preferred stock will be convertible into shares of Cryoport's common stock at a conversion price of $38.6152 per share, representing a premium of 15% to Cryoport's 30 trading day volume-weighted average price (VWAP) as of August 20th, 2020 prior to the announcement of the CRYOPDP acquisition and the $25 million of common stock will be sold at a price of $37.0076 per share. Duane Morris acted as legal advisor to CCG. [email protected] We completed a follow-on investment in 2020, furthering our mission to deliver next-generation solutions to support the national security space domain. look for exceptional entrepreneurial teams succeeding in growing markets, 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. 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. Mark Salzberg, CCGs founder, and Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. All rights reserved. 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. Mark Salzberg, founder of CCG, said: When I established CCG, I had a 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. 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. Certainty. Blackstone's tactical opportunities division has about $34 billion in assets under management. NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered were drawn to CCG because of their leadership role in the categories that 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. For more information visit: https://www.sustanagroup.com/, For Blackstone: and CCG is a great example. 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. [email protected]. The Tac Opps team invests globally across asset classes,. new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. 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. Secrets of the Rare Coin & Bullion Business. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. To receive email alerts from Blackstone, sign up below. Sustana Group is the manufacture of sustainably produced, premium recycled fiber and paper, utilizing post-consumer material. ", Coty x Spatial Launching Coty Campus Metaverse for Employees. 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). positive impact for the companies it acquires and the communities that they Authenticated Stamp Guaranty (ASG) and Collectibles Authentication 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. England; Munich, Germany; and Shanghai and Hong Kong, China. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. 1. For CCG 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. The industry leader for online information for tax, accounting and finance professionals. Our strategy is unconstrained by asset class, industry, sector, security type or geography. 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. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Tactical Opportunities - Blackstone Tactical Opportunities We provide opportunistic capital, timely investing decisions and differentiated solutions. 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. 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. By submitting this request, you consent to receive email from Blackstone. Blackstone (NYSE:BX) announced today that funds managed by its Tactical For information on our privacy practices see our Privacy Policy. All quotes delayed a minimum of 15 minutes. We look forward to working together to ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. We do this by using extraordinary people and flexible capital to help companies solve problems. Este Lauder Companies' Vice Chairman Retiring July 2023. The unit is run by David Blitzer, who is an avid investor in sports teams, including English soccer club Crystal Palace, the New Jersey Devils of the U.S. hockey league, and the National Basketball Association's Philadelphia 76ers. assets under management and a strong track record of creating value and a Science. phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in (917) 698-1674 We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Blackstone Tactical Opportunities has made 14 investments. 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. This investment - Post-IPO Equity - Finance of America Companies - was valued at $300M. Start Free Trial . 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. ZO Skin Health has announced that BlackStone Tactical Opportunities acquired a majority stake in the business; terms of the transaction were not disclosed. Blackstone is one of the world's leading investment firms. vision that we would transform collectibles into an asset class that is Contact: 332-999-6154. Directly lead and manage the Criminal History, Expunctions, Public Counter, Fax Account, and Subpoena Units. C. C. Melvin Ike, Principal at Blackstone, said: As thematic investors, we Capital (H.I.G.). 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. Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; Portions of this site are directed only to persons in certain jurisdictions. To learn more, ", 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. Follow Blackstone on Twitter @Blackstone. To fund the acquisition, Cryoport is receiving a $275 million investment from funds managed by Blackstone Tactical Opportunities (NYSE: BX) ("Blackstone"). 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. 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. 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. estate items and related collectibles. Today, CCG serves the world of 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. CCG has certified more than 62 million of these collectibles, with a combined fair market value approaching $50 billion. (608) 807-9033 236[emailprotected]. Golub Capital led the financing To access the replay of the webcast, please follow this link. 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. BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health ZO Skin Health has announced that BlackStone Tactical Opportunities acquired a majority stake in the business; terms of the transaction were not disclosed. Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Download the Greysheet app for access to pricing, news, events and your subscriptions. Kis digital underwriting and distribution platform provides instant insurance quotes to its clients and significantly improves speed and operating efficiency, setting up Ki to benefit from strong digitalization tailwinds. As a regional leader, we believe VNET is well positioned to help meet this growing demand. 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. Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. funds, all on a global basis. Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. 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. industries and geographies, seeking to identify and execute on attractive, Sign up to receive financial updates and information. 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. Golub Capital led the financing for the transaction. 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. 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. Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. Open Roles - Join Us! Cosmetics Debuts Digital Series 'Vanity Table Talk'. estate, public debt and equity, life sciences, growth equity, 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. This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. 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 . Now clients seeking a more sustainable option can get the best of both worlds with our thin wall PET bottles and extrusion blow molding (EBM). Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. Mark Salzberg, CCGs founder, and Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. 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. All rights reserved. Our Firm. Terms of the deal were not disclosed. 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. About Certified Collectibles Group (CCG). Over the last 35 years, create positive economic impact and long-term value for investors, the management include investment vehicles focused on private equity, real Windows of opportunity open and close without warning. We provide opportunistic capital, timely investing decisions and differentiated solutions. The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. "We are thrilled to partner with ZO, Dr. Zein Obagi and the management team to continue to serve patients. From the moment we met the Blackstone team, we could tell that we shared Blackstone is the worlds largest alternative asset manager. Founded in 1987, CCG 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. 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. About Blackstone and Blackstone Tactical Opportunities. items. Through Cryoport's acquisition, we believe MVE Biological Solutions will deliver strong growth as the demand for its solutions from cell and gene therapy customers continues to increase. CCG is a leading, global provider of expert, impartial and tech-enabled Showing 1 to 20 of 65 vacancies. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will . Founded in 1987, CCG offers authentication, grading and conservation services that have unlocked billions of dollars in secondary market value. CCGs leadership team will remain in place, combining their experience and expertise with Blackstones extensive resources. Today, CCG sits at the services that add value and liquidity to collectibles. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. (518) 248-7310 Our team has built the leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. Cla Bourgeois 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. To receive email alerts from Blackstone, sign up below. This copy is for your personal, non-commercial use only.
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