M&A Deal Summary |
|
|---|---|
| Date | 2004-05-01 |
| Target | Extended Stay America |
| Sector | Leisure |
| Buyer(s) | The Blackstone Group |
| Deal Type | Going Private |
| Deal Value | 3.9B USD |
| Advisor(s) | Morgan Stanley (Financial) Shearman & Sterling (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 131.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 70 of 320 |
| Sector (Leisure) | 5 of 16 |
| Type (Going Private) | 1 of 32 |
| State (North Carolina) | 1 of 6 |
| Country (United States) | 53 of 202 |
| Year (2004) | 4 of 13 |
| Size (of disclosed) | 34 of 167 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-01 |
Celanese
Irving, Texas, United States Celanese is a global technology and specialty materials company. Celanese is one of the largest producers of acetyl products for nearly all major industries, as well as a global producer of high performance engineered polymers that are used in a variety of high-value applications. The Company's product portfolio serves a diverse set of end-use applications including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. Celanese was incorporated in 1918 and is based in Irving, Texas. |
Buy | $4.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-06-01 |
Primacom AG
Mainz, Germany Primacom AG germany's largest private cable network operator.Primacom operated a cable television network in Germany and the Netherlands. |
Buy | $25M |
