M&A Deal Summary

The Blackstone Group Acquires Incenter

On February 10, 2016, private equity firm The Blackstone Group acquired business services company Incenter

Acquisition Highlights
  • This is The Blackstone Group’s 7th transaction in the Business Services sector.
  • This is The Blackstone Group’s 127th transaction in the United States.
  • This is The Blackstone Group’s 5th transaction in Pennsylvania.

M&A Deal Summary
Date 2016-02-10
Target Incenter
Sector Business Services
Buyer(s) The Blackstone Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Incenter

Fort Washington, Pennsylvania, United States
website
Incenter is a family of companies whose daily mission is to have a meaningful, measurable impact on client businesses and bottom lines. With a variety of services, Incenter creates solutions that enable mortgage and specialty lenders to optimize operational and financial performance while continuously increasing their value to their customers.

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Buyer(S) 1

Buyer

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1987
PE ASSETS 131.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 203 of 320
Sector (Business Services) 7 of 14
Type (Buyout (LBO, MBO, MBI)) 57 of 74
State (Pennsylvania) 5 of 5
Country (United States) 127 of 202
Year (2016) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 China National BlueStar

Beijing, China

China National BlueStar is a Chinese specialty chemicals company focused on manufacturing plants and its marketing network covers over 140 countries. China National Bluestar is based in Beijing.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-11 Clarion Offshore Partners

Houston, Texas, United States

Clarion Offshore Partners is a global investment platform that provides strategic solutions to the offshore oil & gas drilling industry. With a broad and flexible mandate, Clarion seeks to provide creative solutions to a wide spectrum of industry participants including, offshore drilling companies, shipyards, financial institutions, entrepreneurs, and oil and gas operators.

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