Press Releases Featured Image

Press Releases

Featured

Emerson Announces Sale of Remaining Interests in Copeland to Blackstone

Emerson announced that it has entered into a definitive agreement to sell its remaining interests in the Copeland joint venture (formerly Emerson Climate Technologies) for a transaction value of approximately $3.5 billion, with pre-tax cash proceeds of $3.4 billion, net of the release of $0.1 billion of future indemnity obligations. Private equity funds managed by Blackstone will purchase Emerson’s 40% common equity ownership in the joint venture, while Copeland will repurchase the seller’s note.

Read More

Blackstone to Acquire SEDIVER Parent Company SEVES Group from Triton Partners

LONDON, UK and LUXEMBOURG, LUXEMBOURG – June 6, 2024 – Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire SEVES Group S.à r.l, the parent company of SEDIVER Group (“SEDIVER” or the “Company”), a provider of specialised electrical insulator solutions for the high-voltage transmission grid, from Triton Partners (“Triton”).

Read More

All Releases

Blackstone Real Estate Debt Strategies Acquires $1.0 Billion Performing Senior Mortgage Loan Portfolio from Deutsche Pfandbriefbank (PBB)

LONDON, UK – May 28, 2024 – Blackstone Real Estate Debt Strategies (“BREDS”) today announced the closing of the acquisition of a $1.0 billion performing senior mortgage loan portfolio from leading German lender, Deutsche Pfandbriefbank (PBB).

Read More

Henderson Park Acquires Iconic Arizona Biltmore From Blackstone Real Estate for $705 Million

Phoenix & New York – Henderson Park, the international private equity real estate firm, announced today that it has completed the acquisition of the Arizona Biltmore resort in Phoenix, Arizona, from Blackstone Real Estate for $705 million. The iconic 705-key, luxury, full-service hotel has recently undergone a substantial renovation with broad appeal to premier leisure, […]

Read More

Blackstone to Acquire Majority Stake in Priority Software

Blackstone today announced that Blackstone Growth and affiliated funds (collectively “Blackstone”) have entered into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software. Blackstone’s investment will help build on the company’s position at the forefront of the ERP software market and support its further growth across industries and markets.

Read More
Load More

Stay up to date