Blackstone Archives - ABFJournal

Blackstone Completes Acquisition of Copeland, Formerly Emerson Climate Technologies

Blackstone completed the acquisition of a majority stake in Emerson’s climate technologies business in a transaction valuing the business at $14 billion. The new standalone business will be named Copeland.

Blackstone Acquires Cvent in $4.6B Transaction

Cvent Holding Corp., a meetings, events and hospitality technology provider, entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion.

Blackstone Credit Launches Sustainable Resources Platform

Blackstone Credit launched a sustainable resources platform that will focus on investing in and lending to renewable energy companies and those supporting the energy transition.

January 24, 2022 Blackstone | Blackstone Credit | Dwight Scott | Robert Horn | Simon Hayden Ian Koplin

Domain Capital Serves as Lead Lender Supporting Blackstone’s Purchase of Allstate Life Insurance

Domain Capital Advisors, a subsidiary of Domain Capital Group, a private investment management services firm, served as the lead lender to Blackstone managed entities in its recent $2.8 billion purchase of Allstate Life Insurance Company and certain subsidiaries.

Blackstone Establishes Structured Finance Group, Pollack to Lead

Blackstone created a structured finance group, bringing together Blackstone Real Estate Debt Strategies (BREDS) and the firm’s various asset-backed finance activities. Jonathan Pollack, currently the global head of BREDS, was named global head of the structured finance group.

November 4, 2021 Blackstone | Jon Gray | Jonathan Pollack | Mike Wiebolt | Rob Camacho Ian Koplin

Blackstone Names Oron Senior Managing Director to Lead New Office in Israel

Blackstone hired Yifat Oron, previously the CEO of LeumiTech, to head the firm’s new office in Tel Aviv, Israel, as senior managing director. Oron will lead Blackstone’s growth and tech investments in Israel for Blackstone Growth and assist with other investing efforts.

Funds Managed by Blackstone Acquire DESOTEC

Private equity funds managed by Blackstone have agreed to acquire DESOTEC, a European environmental services company, from EQT.

March 19, 2021 Blackstone | DESOTEC | Jürgen Pinker | Mario Hertegonne Rita Garwood

Citi and Goldman Sachs Close Debt Financing for Blackstone’s Acquisition of Interior Logic

Citi and Goldman Sachs provided debt financing for Blackstone’s acquisition of Interior Logic Group.

SPCM Provides Exit Financing for Centric Brands’ Chapter 11 Emergence

Centric Brands emerged from voluntary Chapter 11 proceedings. Sound Point Capital Management provided exit financing to the company, while Ropes & Gray, PJT Partners and Alvarez & Marsal served as legal, financial and restructuring advisors, respectively.

GSO Capital Partners Funds Blackstone’s New Portfolio Company with $250MM

GSO Capital Partners committed $250 million in capital to Blackstone’s new portfolio company, ClearGen, which will finance and own distributed and sustainable energy infrastructure assets focused on commercial, industrial and institutional customers.

Tag Archives: Blackstone