Blackstone Inc.
American alternative investment company
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2024 | Retained the top spot in Private Equity International's PEI 300 ranking. |
November 2024 | Blackstone acquired four retail buildings in Soho, Manhattan for approximately $200 million from ASB Real Estate Investments, marking the largest Manhattan retail deal in over three years. |
November 19 2024 | Blackstone announced it is acquiring Jersey Mike's Subs, with the transaction expected to close in early 2025. |
April 2024 | Blackstone made a $1.57 billion offer to acquire British music IP investment and song management company Hipgnosis Songs Fund, which was completed in July. |
February 2024 | Blackstone acquired online pet marketplace Rover.com for $2.3 billion in an all-cash deal. |
2023 | Regained the top spot in Private Equity International's PEI 300 ranking as the world's largest private equity firm. |
December 2023 | Blackstone announced its plan to completely divest its 23.59% stake in Embassy Office Parks, a strategic exit valued at $833 million, four years after the REIT's initial listing. |
October 2023 | Blackstone divested its stake in Hotel Investment Partners (HIP) to the Singaporean sovereign wealth fund GIC, with GIC acquiring a 35% stake in the company at a valuation over €4 billion. |
May 2023 | Blackstone entered into an agreement to sell its stake in IBS Software, a Kerala-based SaaS provider, to global private equity firm Apax for $450 million. |
2022 | Dropped to second place in Private Equity International's PEI 300 ranking, behind KKR. |
December 1 2022 | Blackstone restricted withdrawals from its $125 billion real estate investment fund BREIT due to a surge in investor redemption requests. |
April 2022 | Blackstone agreed to acquire American Campus Communities, Inc. for nearly $13 billion. |
February 14 2022 | Crown Resorts accepted Blackstone's takeover offer of $6.6 billion for 90% of shares outstanding. |
October 2021 | Blackstone Group acquired a majority stake of Spanx, Inc. for $1.2 billion, with an all-female investment team and board of directors. |
March 2021 | Blackstone made a $6.2 billion takeover bid for Australian casino operator Crown Resorts, offering a 20% premium to its closing share price. |
August 2020 | Blackstone announced purchase of a majority stake in Ancestry.com for $4.7 billion (including debt). |
2019 | Motel 6, owned by Blackstone, settled another case involving warrantless disclosure of guest lists to U.S. Immigration and Customs Enforcement (ICE), bringing the total settlement amount to $19.6 million. |
November 8 2019 | Blackstone Group acquired a majority stake in MagicLab, the owner of dating app Bumble. |
October 2019 | Blackstone withdrew from the controversial Frederiksberg apartment purchase agreement following resident resistance and questions about the agreement's legality. |
June 2019 | Blackstone, along with Canada Pension Plan Investment Board and KIRKBI, bought Merlin Entertainment (owners of Legoland) for £5.9 billion (about $7.5 billion). |
2018 | Motel 6, owned by Blackstone, settled a case involving warrantless disclosure of guest lists to U.S. Immigration and Customs Enforcement (ICE). |
2018 | Controversy arose over Blackstone's purchase agreement for several hundred apartments in Frederiksberg, Denmark, involving its partner North 360 and Frederiksberg Boligfond. |
October 2018 | Blackstone launched Refinitiv, resulting from its 55% stake in Thomson Reuters Financial and Risk business. |
January 2018 | Blackstone announced acquisition of 55% of Thomson Reuters Financial & Risk unit for $20 billion. |
January 2018 | Blackstone acquired Pure Industrial, a Canadian real estate investment trust for C$2.5 billion. |
June 19 2017 | Blackstone acquired a majority interest in The Office Group, valuing the company at $640 million. |
February 10 2017 | Blackstone acquired Alight Solutions from Aon PLC for $4.3 billion, creating a new human resources outsourcing platform. |
January 4 2017 | Blackstone acquired SESAC, a music-rights organization. |
April 2016 | Blackstone acquired 84 percent of Hewlett-Packard Enterprise's stake in the Indian IT services firm Mphasis. |
February 2016 | Blackstone sold four office buildings to Douglas Emmett for $1.34 billion. |
January 2016 | Blackstone Real Estate Partners VIII L.P. acquired BioMed Realty Trust for $8 billion. |
November 2015 | Blackstone agreed to sell facility management firm GCA Services Group to Goldman Sachs and Thomas H. Lee Partners. |
July 2015 | Blackstone acquired Excel Trust, a real estate investment trust, for around $2 billion. |
June 2015 | Blackstone acquired the Willis Tower in Chicago for $1.3 billion. |
January 2015 | Blackstone Real Estate Partners VI announced the sale of Gold Fields House in Sydney to Dalian Wanda Group for A$415 million. |
2014 | Blackstone sold Northern California office buildings for $3.5 billion, including 26 office buildings and two development parcels in San Francisco and Silicon Valley. |
August 2014 | Blackstone Energy Partners acquired Shell Oil's 50% stake in a shale-gas field in the Haynesville Shale for $1.2 billion. |
May 2014 | Blackstone Group acquired the Cosmopolitan of Las Vegas resort from Deutsche Bank for $1.73 billion. |
April 2014 | Blackstone Charitable Foundation donated $4 million to create the Blackstone Entrepreneurs Network in Colorado. |
February 2014 | Blackstone purchased a 20% stake in the Italian luxury brand Versace for €150 million. |
September 2013 | Blackstone announced a strategic investment in ThoughtFocus Technologies LLC, an information technology service provider. |
August 2013 | Blackstone acquired Strategic Partners, a secondary funds manager, from Credit Suisse. |
June 2013 | Blackstone Real Estate Partners VII acquired an industrial portfolio from First Potomac Realty Trust for $241.5 million. |
February 2013 | Blackstone flipped 2GIG Technologies to Nortek Security & Control, LLC for $135 million. |
2012 | Blackstone acquired a controlling interest in Vivint, Inc., a Utah-based home automation, security, and energy company. |
2012 | Blackstone sold Alliant Insurance Services to Kohlberg Kravis Roberts. |
November 2012 | Blackstone acquired a controlling interest in Vivint, Vivint Solar, and 2GIG Technologies. |
October 2012 | Blackstone acquired G6 Hospitality, operator of Motel 6 & Studio 6 motels from AccorHotels, for $1.9 billion. |
August 2012 | Blackstone was part of a consortium that financed Knight Capital after a software glitch threatened its operations. |
2011 | Blackstone Group LP acquired Jack Wolfskin, a German camping equipment company. |
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