M&A Deal Summary |
|
|---|---|
| Date | 2021-06-03 |
| Target | IDG |
| Sector | Information Services |
| Buyer(s) | The Blackstone Group |
| Sellers(s) | China Oceanwide Holdings |
| Deal Type | Divestiture |
| Deal Value | 1.3B USD |
| Advisor(s) | King & Wood Mallesons (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 | 283 of 320 |
| Sector (Information Services) | 4 of 4 |
| Type (Divestiture) | 28 of 32 |
| State (Massachusetts) | 7 of 8 |
| Country (United States) | 173 of 202 |
| Year (2021) | 10 of 26 |
| Size (of disclosed) | 75 of 167 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-20 |
Lionpoint Group
New York, New York, United States Lionpoint Group is a global consult tech firm focused on delivering operational transformation and enabling technology solutions to the alternative investments industry. Lionpoint Group provides strategy and project-based services in process optimization, technology implementation, and end-to-end operational improvement across the front, middle and back-office. The company has offices in New York, San Francisco, London, Geneva, and Sydney. Lionpoint Group was founded in 2014 and is based in New York City. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-05 |
Medline
Northfield, Illinois, United States Medline is a healthcare company: a manufacturer, distributor and solutions provider focused on improving the overall operating performance of healthcare. Medline works with both the country’s largest healthcare systems and independent facilities across the continuum of care to provide the clinical and supply chain resources required for long-term financial viability in delivering high quality care. |
Buy | $34.0B |
China Oceanwide Holdings is a diversified conglomerate with businesses that include operations in financial services, energy, culture and media, and real estate assets globally, and in the United States.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Information Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-14 |
Genworth Life Insurance
Richmond, Virginia, United States Genworth Life Insurance Co. is an insurance company formed by Genworth Financial, Inc. |
Buy | - |
