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In November 2015, the company agreed to sell facility management firm GCA Services Group to Goldman Sachs and Thomas H. Lee Partners.[110]
Investments since 2016[edit]
In January 2016, Blackstone Real Estate Partners VIII L.P. acquired BioMed Realty Trust for $8 billion.[111]
In February 2016, Blackstone sold four office buildings to Douglas Emmett for $1.34 billion.[112]
In April 2016, Blackstone acquired 84 percent of Hewlett-Packard Enterprise's stake in the Indian IT services firm Mphasis.[113]
On January 4, 2017, Blackstone acquired SESAC, a music-rights organization.[114]
On February 10, 2017, Aon PLC agreed to sell its human resources outsourcing platform for $4.3 billion to Blackstone Group L.P.,[115] creating a new company called Alight Solutions.[116]
On June 19, 2017, Blackstone acquired a majority interest in The Office Group, valuing the company at $640 million.[117]
In July 2017, the company announced an investment in Leonard Green & Partners.
In January 2018, the company acquired Pure Industrial, a Canadian real estate investment trust for C$2.5 billion.[118]
In January 2018, the company announced acquisition agreement for 55% of Thomson Reuters Financial & Risk unit for $20 billion.[119]
In March 2018, Blackstone Real Estate Income Trust, Inc. acquired a 22 million square foot portfolio of industrial properties from Cabot Properties for $1.8 billion.[120][121]
In March 2018, Blackstone's Strategic Capital Holdings Fund invested in Rockpoint Group.[122]
In March 2018, the company's Strategic Capital Holdings Fund announced an investment in Kohlberg & Company, a private equity firm.[123]
In September 2018, the company acquires control of Luminor Bank in the Baltic countries.[124]
In October 2018, Blackstone launched Refinitiv, the company resulting from its January deal for a 55 per-cent stake in Thomson Reuters Financial and Risk business.[125]
In October 2018, Blackstone announced to buy Clarus. The deal includes assets worth $2.6 billion.[126]
In March 2019, Blackstone purchased a minority stake in YES Network.[127]
In April 2019, Blackstone acquired a majority stake in the tube packaging company, Essel Propack for $310 million.[128][129]
In June 2019, Blackstone announced it had teamed with the Canada Pension Plan Investment Board and KIRKBI to buy Merlin Entertainment, the owners of Legoland in a deal worth £5.9 billion (about $7.5 billion). This would be the 2nd time Blackstone would own the company as they previously purchased it in 2005.[130]
On July 15, 2019, Blackstone announced its plans to acquire Vungle, a leading mobile performance marketing platform.[131]
In September 2019, Blackstone announced it agreed to purchase 65% controlling interest in Great Wolf Resorts from Centerbridge Partners. They plan to form a joint venture worth $2.9 billion or more to own the company.[132]
On November 8, 2019, Blackstone Group acquired a majority stake in MagicLab, the owner of dating app Bumble.[133]
Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. Ltd.[134]
On November 18, 2019, Blackstone Real Estate Income Trust, Inc. acquired the Bellagio resort in Las Vegas, Nevada from MGM Resorts in a sale-leaseback transaction.[135]
On November 25, 2019, Reuters reported that Blackstone planned to invest $400 million in a joint venture with Swiss drug company Ferring. The joint venture will work on gene therapy for bladder cancer. The investment represents Blackstone Group's largest investment in drug development to date.[136]
In March 2020, Blackstone announced that it is buying a majority stake in HealthEdge, a health-care software company.[137] The deal worth $700 million was completed on April 13, 2020.[138]
In July 2020, Blackstone invested US$200m in the Swedish oat milk brand, Oatly, for a 7% stake in the company, triggering outrage among some segments of its customer base.[139][140]
In August 2020, Blackstone announced that it will buy a majority stake in Ancestry.com for $4.7 billion (including debt).[141]
In August 2020, Blackstone acquired Takeda Consumer Healthcare for $2.3 billion.[142]
Operations[edit]
Blackstone operates through four primary departments: private equity; real estate; hedge funds; and credit.[21][3]
https://en.wikipedia.org/wiki/The_Blackstone_Group