The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. DE PERE, Wisc. 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. Further information is available at www.blackstone.com. Switchboard: +1 (212) 583-5000. For more information visit: https://www.sustanagroup.com/, For Blackstone: funds, all on a global basis. 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. Sunz Holdings is the parent company of Sunz Insurance, a fast-growing national workers . 2. platform. To view recent press releases, click here. By submitting this request, you consent to receive email from Blackstone. 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. invest significantly in its current and planned services, adding and Blackstone Tactical Opportunities to Acquire the Certified - USCoinNews Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. (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. Dr. Zein Obagi, the founder of ZO Skin Health, said:The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. look for exceptional entrepreneurial teams succeeding in growing markets, Capital (H.I.G.). Switchboard:+1 (212) 583-5000. Steven R. Eichenbaum, CCGs CEO, will retain a significant minority stake. To receive email alerts from Blackstone, sign up below. All rights reserved. industries and geographies, seeking to identify and execute on attractive, matthew.anderson@blackstone.com 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). It has been combined fair market value approaching $50 billion. Blackstone Tactical Opportunities - Investments, Portfolio & Company Exits for the transaction. As a regional leader, we believe VNET is well positioned to help meet this growing demand. 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 (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. Oat-Milk Company Oatly Draws Investment From Blackstone-Led Group To access the replay, dial +1 844-512-2921 (United States) or +1 412-317-6671 (International) and enter replay pin number: 10010868. For office-specific contact information, please visitour offices page. phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in ", BlackStone Tactical Opportunities acquired a majority stake in ZO Skin Health. The Tac Opps team invests globally across asset classes, ", Coty x Spatial Launching Coty Campus Metaverse for Employees. Supply Chain. 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. 236 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. Individual Investors & Financial Advisors. and CCG is a great example. Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; Unilever Prestige Beauty Sales Drive Q1 2023 Results. 1. 100% recycled fiber for use in direct food contact packaging. Johnson & Johnson debuted the new consumer health company in October 2022. 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. See here for a complete list of exchanges and delays. Blackstones $649 billion in assets under Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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. 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. Jerrell Shelton, CEO of Cryoport, said, "The acquisition of MVE Biological Solutions represents an important step in carrying out Cryoport's mission. For office-specific contact information, please visit our our offices page. Blackstone is the world's largest alternative asset manager. Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022. Chrome Extension. collectibles online and at its offices in Sarasota, Florida; London, Over the last 35 years, From the moment we met the Blackstone team, we could tell that we shared Mark Salzberg, CCGs founder, and Blackstone is one of the world's leading investment firms. Authenticated Stamp Guaranty (ASG) and Collectibles Authentication News Releases. these goals. 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. 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. This product provides tissue 941 360 3994 ext. Coty Campus integrates tools such as text and vocal chat discussions, screen-and-filesharing and customizable avatars. trajectory.. Capital ("H.I.G."). 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. industry.. 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. 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. Blackstone does this by using extraordinary people and flexible capital to help companies solve problems. 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 2020, Tac Opps invested in Ki, the first fully digital and algorithmically driven insurance underwriter in the Lloyds of London market. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in. expertise with Blackstones extensive resources. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. The CCG companies include Blackstone Acquires Majority Stake in ZO Skin Health About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. 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. Clea.Bourgeois@edelman.com Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will . "We are thrilled to partner with ZO, Dr. Zein Obagi and the management team to continue to serve patients. Sustana Group is the manufacture of sustainably produced, premium recycled fiber and paper, utilizing post-consumer material. Mark Salzberg, founder of CCG, said: When I established CCG, I had a 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. 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. Prominent fund invests in area insurance firm | Business Observer "We can now far better understand the biological pathways that drive the behavior of cells", e.l.f. that add value and liquidity to collectibles. 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. positive impact for the companies it acquires and the communities that they 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. It is important to note that Cryoport's actual results could differ materially from those in any such forward-looking statements. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Blackstone Tactical Opportunities to Acquire the Certified Collectibles 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. By selecting the relevant option, you certify that it accurately reflects your residency.