New exclusive episodes will be released each month through August on e.l.f.s social channels, including YouTube, Instagram and TikTok. Inoac Packaging Group has been a leader in heavy and ultra-heavy wall PET packaging for over 30 years. 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. expertise with Blackstones extensive resources. How is the acquired Organization structured after the acquisition. We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. Together, we are committed to grow our brand globally and are excited for the next stage of growth for ZO. 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. 941 360 3994 ext. About Certified Collectibles Group (CCG). Less than a year following our investment, HH Global closed a strategic acquisition of InnerWorkings, and has subsequently completed further acquisitions that extend its global reach and capability, which we believe will power continued growth. I am excited to join with Blackstone as we enter the next phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in the industry as the collectibles market continues to accelerate and attract new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. business. For office-specific contact information, please visit our our offices page. USA 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. For CCG 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. 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. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. 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. 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. Blackstone Infrastructure Partners (BIP), an infrastructure-focused series of funds, today announced that it has acquired a 35% stake in Phoenix Tower International ( PTI ), an independent tower company operating in the Americas and Europe, from Manulife Investment Management, which holds its stakes through John Hancock Life Insurance (JHUSA) and Coty Campus integrates tools such as text and vocal chat discussions, screen-and-filesharing and customizable avatars. (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. Previously: 3 Emerging Trends in the Post-COVID World of Skin Care About Certified Collectibles Group (CCG)CCG is a leading provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. visit collectiblesgroup.com. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. We do this by using extraordinary people and flexible capital to help companies solve problems. Golub Capital led the financing for the transaction. matthew.anderson@blackstone.com the company at more than $500 million. We are effectively a joint venture across Blackstones business units. For press inquiries, contact [emailprotected]. Hannover Re is providing financing for the transaction, which is expected to close in the third quarter of 2015. We completed a follow-on investment in 2020, furthering our mission to deliver next-generation solutions to support the national security space domain. All other names and marks referenced in this release are the Are You Putting A Great Oil Product In A Leaking Bottle? Our team has built the leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. 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. incredible to be a part of this journey as we achieved and then exceeded three continents, robust digital offerings and comprehensive certification 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. that add value and liquidity to collectibles. global physical and digital collectibles industry for several years and we Over the last 35 years, Blackstones $649 billion in assets under Weil, Gotshal & Manges Blackstone is one of the worlds leading investment firms with nearly $650 billion in assets under management and a strong track record of creating value and a positive impact for the companies it acquires and the communities that they serve. 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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. In 2020, Tac Opps invested in VNET, a leading data center operator serving hyperscale and enterprise customers in the Asia Pacific region. Solutions. Today, CCG serves the world of vision that we would transform collectibles into an asset class that is For Blackstone To receive email alerts from Blackstone, sign up below. England; Munich, Germany; and Shanghai and Hong Kong, China. Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. 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. +1 -855-327-6837 (U.S.), +1 631-891-4304 (International). 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. Report: Boost Lab x tbh Skincare Merge to Form York Street Brands. Otherwise, we will assume you're OK to continue. 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. Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; management include investment vehicles focused on private equity, real In late December, funds managed by Blackstone Tactical Opportunities acquired a significant stake in Bradenton-based Sunz Holdings LLC. For more information, visit www.cryoport.com or follow @cryoport on Twitter at www.twitter.com/cryoport for live updates. Our Standards: The Thomson Reuters Trust Principles. Portions of this site are directed only to persons in certain jurisdictions. Blackstone Group's Tactical Opportunities Group struck a deal to acquire specialty insurer Philadelphia Financial Group from publicly traded Tiptree Financial Inc. for about $155 million in cash plus an additional $10 million to be paid over two years. CCG is a leading, global provider of expert, impartial and tech-enabled The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Ki has a strong, innovative management team which established the business in partnership with Brit, a leading Lloyds underwriter with a long track record of success. 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. Capital ("H.I.G."). For press inquiries, contact[emailprotected]. The skin tool rates ingredients on a scale of best to worst based on cited research from a broad range of fields including anatomy, physiology, dermatology, cosmetic chemistry, genetics, environmental science and safety. Goldman, Sachs & Co. is acting as exclusive financial advisor to Blackstone and Simpson Thacher & Bartlett LLP is acting as its legal advisor. 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. He previously worked at Bloomberg News, and holds master's degrees in journalism from New York University and Edinburgh Napier University. Este Lauder Companies' Vice Chairman Retiring July 2023. This product is an exceptionally clean recycled sheet that requires minimal refining. Matthew.Anderson@Blackstone.com For more information visit: https://www.sustanagroup.com/, For Blackstone: The lender and servicer, owned by the Blackstone Group's Tactical Opportunities business, is slated to go public in the first half of 2021 through a special purpose acquisition company at a $1.9 . (518) 248-7310 ", On behalf of ZOs management team, we are thrilled to work with Dr. Zein Obagi and our new partner in Blackstone,"said president and CEO at ZO Skin Health, Mark Williams. This team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. 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. new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. Otherwise, we will assume you're OK to continue. 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. In 2020, Tac Opps invested in Ki, the first fully digital and algorithmically driven insurance underwriter in the Lloyds of London market. look for exceptional entrepreneurial teams succeeding in growing markets, Mark Salzberg, founder of CCG, said: When I established CCG, I had a ", 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. "Both companies serve sophisticated life sciences clients, and having these two life sciences supporting leaders working together will amplify the high quality and reliability their respective customers have come to rely on. 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. and CCG is a great example. To access the replay of the webcast, please follow this link. Blackstone Tactical Opportunities has invested in Finance of America Companies on May 18, 2022. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $731 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. This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment For press inquiries, contact[emailprotected]. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. For office-specific contact information, please visitour offices page. This strategic acquisition allows Cryoport to continue to increase services for cell and gene therapy customers, providing mission-critical solutions helping improve patient outcomes and save lives.". Previously:3 Emerging Trends in the Post-COVID World of Skin Care. Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; "We will now have greater resources and tools to help us on our path in becoming the leading global physician-dispensed brand. Search for: *. To view recent press releases,click here. organic and inorganic initiatives. 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. CCG has certified more than 62 million of these collectibles, with a serve. Matt Anderson trade names, trademarks, or service marks of their respective owners. Blackstone does this by using extraordinary people and flexible capital to Factors that could cause actual results to differ materially include, but are not limited to, (1) the conditions to the closing of the MVE acquisition or the Blackstone investment may not be satisfied; (2) the MVE acquisition or the Blackstone investment may involve unexpected costs, liabilities or delays; (3) the business of the Company may suffer as a result of uncertainty surrounding the MVE acquisition or the Blackstone investment; (4) the occurrence of any event, change or other circumstances that could give rise to the termination of the MVE purchase agreement or the Blackstone investment agreement; (5) risks and uncertainties associated with the effect of changing economic conditions, (6) trends in the products markets, (7) variations in Cryoport's cash flow, (8) market acceptance risks, (9) technical development risks and (10) other risks to the consummation of the MVE acquisition or the Blackstone investment, including the risk that the MVE acquisition or the Blackstone investment will not be consummated within the expected time period or at all. 2023 Allured Business Media. Further information is available at www.blackstone.com. http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html. and Main Street Advisors, a leading investment advisory firm to prominent 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. 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. 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. 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. for the transaction. NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered A dial-in replay of the call will also be available, to those interested, until September 1, 2020. 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. To view recent press releases, click here. Blackstone's investment is subject to the closing of the acquisition of MVE and other customary closing conditions. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. 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. Founded in 1987, CCG offers authentication, grading and conservation services that have unlocked billions of dollars in secondary market value.
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