To view recent press releases, click here. Mark Salzberg, CCGs founder, and is one of the worlds leading investment firms with nearly $650 billion in 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. phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in Terms of the deal were not disclosed. In 2020, Tac Opps made an investment in Diligent, a leading governance, risk and compliance (GRC) SaaS provider. Search for: *. "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. assets under management and a strong track record of creating value and a Canada This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. To view recent press releases,click here. expertise with Blackstones extensive resources. 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. new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. 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. 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. We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss. New exclusive episodes will be released each month through August on e.l.f.s social channels, including YouTube, Instagram and TikTok. countries. This product provides tissue We provide opportunistic capital, timely investing decisions and differentiated solutions. 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. NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered help the company continue and even accelerate its impressive growth trademarks or unregistered trademarks of Numismatic Guaranty Corporation of the same vision for the future of our company and the global collectibles Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. organic and inorganic initiatives. View original content to download multimedia:http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html, << Back to 2020 United States 1944-P Jefferson War Nickel, Croatia Celebrates 30 Years of Independence With Limited Edition Gold and Silver Coin Sets. Further information is available at www.blackstone.com. By selecting the relevant option, you certify that it accurately reflects your residency. Over the last 35 years, CCG has expanded from collectible coins to comic books, banknotes, magazines, concert posters, stamps, trading cards, sports cards and estate items. athletes, recording artists, and other leaders across entertainment and 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. Today, CCG serves the world of management include investment vehicles focused on private equity, real HH Globals track record for building long-term, trusted client relationships and its technology focus has created significant runway for future growth as corporations are increasingly outsourcing services to improve their return on marketing investment. The Tac Opps team invests globally across asset classes,. Together, Cryoport and MVE Biological Solutions offer a unique combination of industry knowledge, client coverage, engineering and innovation. CCG has expanded from collectible coins to comic books, banknotes, 236[emailprotected]. (518) 248-7310 It has been Blackstone will seek to accelerate CCGs growth, enabling the company to Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. As a Cryoport company, MVE will expand Cryoport's role in the cell and gene therapy supply chain ecosystem, a business that is forecasted to grow 30% to 40% per year, and further enhance Cryoport's position as a leading player in the supply of cryogenic solutions for the life sciences industry. trajectory.. Follow Blackstone on Twitter @Blackstone. For Blackstone For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The industry leader for online information for tax, accounting and finance professionals. Sara Moss joined ELC in 2003 as executive vice president and general counsel. To receive email alerts from Blackstone, sign up below. For more information visit: https://www.sustanagroup.com/, For Blackstone: Our team has built a leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. Today, CCG sits at the forefront of the fast-growing global collectibles industry with offices on three continents, robust digital offerings and comprehensive certification services for collectibles. This transaction represents a hallmark event with two supporting life science leaders, Cryoport and MVE Biological Solutions, coming together to further de-risk processes for the life sciences industry at a time when these services are poised for exponential growth. Capital (H.I.G.). Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. DE PERE, Wisc. the company at more than $500 million. Start Free Trial . http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html. We are effectively a joint venture across Blackstones business units. global physical and digital collectibles industry for several years and we For CCG Switchboard:+1 (212) 583-5000. Capital ("H.I.G."). Otherwise, we will assume you're OK to continue. Janell Armstrong, Marketing Coordinator Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software. platform. Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Cryoportand Latham & Watkins LLP is acting as its legal advisor. Certainty. companies they invest in, and the communities in which they work. Mariel Seidman-Gati 1. invest significantly in its current and planned services, adding and All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners. 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. were drawn to CCG because of their leadership role in the categories that Supply Chain. (NCS), Paper Money Guaranty (PMG), Certified Guaranty Company (CGC), 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. Follow Blackstone on Twitter @Blackstone. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. The remainder of the purchase price for the MVE acquisition will be paid from the Company's cash balance. 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. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Follow Blackstone on Twitter @Blackstone. The CCG companies include Blackstone visit collectiblesgroup.com. About Certified Collectibles Group (CCG). NEW YORK, Feb 23 (Reuters) - Blackstone Inc (BX.N), the world's largest private equity firm, is set to raise as much as $10 billion for its tactical opportunities strategy, which gives it versatility to invest in a range of assets, people familiar with the matter told Reuters. 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. they serve, and Blackstones ability to grow the platform through both Solutions. 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. We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify. Sign up to receive financial updates and information. for the transaction. Exclusive news, data and analytics for financial market professionals, Reporting by Chibuike Oguh in New York; Editing by Stephen Coates, First Republic collapse sparks regional bank shares sell-off, JPMorgan wins government auction to buy seized First Republic Bank, Ford's Kentucky Truck Plant road-tests a new quality strategy, Lordstown shares plunge 48% as investor Foxconn alleges agreement breach. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. CCGs leadership team will remain in place, combining their experience and This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. Their most recent investment was on May 18, 2022, when Recurrent Ventures raised $300M. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment 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. Individual Investors & Financial Advisors. Blackstone does this by using extraordinary people and flexible capital to help companies solve problems. Inoac Packaging Group has been a leader in heavy and ultra-heavy wall PET packaging for over 30 years. Blackstone is the world's largest alternative asset manager. Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. This acquisition is a further step in Cryoport fulfilling its mission of being "the life sciences industry's preeminent partner for temperature-controlled supply chain solutions" by broadening its footprint of solutions and services to the life sciences industry, and in particular to the fast-growing cell and gene market. ", On behalf of ZOs management team, we are thrilled to work with Dr. Zein Obagi and our new partner in Blackstone,", Ram Jagannath, global head of health care for Blackstone Growth and Tactical Opportunities, said: , Skin 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. Previously: 3 Emerging Trends in the Post-COVID World of Skin Care Numismatic Guaranty Corporation (NGC), Numismatic Conservation Services We do this by using extraordinary people and flexible capital to help companies solve problems. CCG has certified more than 62 million of these collectibles, with a combined fair market value approaching $50 billion. 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. magazines, concert posters, stamps, trading cards, sports cards and estate Cryoport, Inc. (Nasdaq: CYRX) is redefining temperature controlled supply chain support for the life sciences industry by providing a broad platform of temperature-controlled supply chain solutions, serving the Biopharma, Reproductive Medicine, and Animal Health markets. jarmstrong@collectiblesgroup.com. 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. 2. ", Coty x Spatial Launching Coty Campus Metaverse for Employees. Note: All figures as of March 31, 2023, unless otherwise indicated. For press inquiries, contact [emailprotected]. CCG has certified more than 62 million of these collectibles, with a the industry as the collectibles market continues to accelerate and attract Subscribe to Monthly Greysheet for the industry's most respected pricing and to read more articles just like this. Opportunities business (Blackstone) have agreed to acquire a majority 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. Today, CCG sits at the Are You Putting A Great Oil Product In A Leaking Bottle? 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. About BlackstoneBlackstone is one of the worlds leading investment firms and seeks to create positive economic impact and long-term value for investors, the companies they invest in, and the communities in which they work. 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. (917) 698-1674 Private Equitys First-Quarter Fundraising Dollars Hold Steady but Closings Fall, Ares Management Profit Lifted by Management Fees, Private Investors Looking to Capitalize on Nearshoring Trends Turn to Mexico, I Squared Capitals Andreas Moon Leaves Firm He Helped Build. See here for a complete list of exchanges and delays. 236 Otherwise, we will assume you're OK to continue. https://www.wsj.com/articles/DJFLBO0120141029eaatinmtl. 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. It is important to note that Cryoport's actual results could differ materially from those in any such forward-looking statements. 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. (608) 807-9033 See here for a complete list of exchanges and delays. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. Classic Collectible Services (CCS), Certified Sports Guaranty (CSG), billions of dollars in secondary market value. This investment - Post-IPO Equity - Finance of America Companies - was valued at $300M. Previously:3 Emerging Trends in the Post-COVID World of Skin Care. To learn more, visit collectiblesgroup.com. (514) 895-6193, Internet Explorer presents a security risk.

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