M&A Deal Summary

The Blackstone Group Acquires eOne Music

On April 26, 2021, private equity firm The Blackstone Group acquired media company eOne Music from Hasbro for 385M USD

Acquisition Highlights
  • This is The Blackstone Group’s 14th transaction in the Media sector.
  • This is The Blackstone Group’s 126th largest (disclosed) transaction.
  • This is The Blackstone Group’s 7th transaction in Canada.
  • This is The Blackstone Group’s 3rd transaction in Ontario.

M&A Deal Summary

Date 2021-04-26
Target eOne Music
Sector Media
Buyer(s) The Blackstone Group
Sellers(s) Hasbro
Deal Type Divestiture
Deal Value 385M USD
Advisor(s) Osler (Legal)

Target

eOne Music

New York City, Ontario, Canada
website
eOne Music is an independent record label and music management company. eOne Music was formed in 2009 and is based in New York City.

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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 281 of 320
Sector (Media) 14 of 14
Type (Divestiture) 27 of 32
State (Ontario) 3 of 3
Country (Canada) 7 of 7
Year (2021) 8 of 26
Size (of disclosed) 126 of 167
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-23 Blue Yonder

Scottsdale, Arizona, United States

Blue Yonder is end-to-end, digital fulfillment platform provider in artificial intelligence and machine learning (AI/ML) driven supply chain and retail solutions for 4,000 of the world’s leading retail, manufacturing and logistics companies. Blue Yonder enables an Autonomous Supply ChainTM by connecting its cognitive SaaS solutions from end-to-end — across planning, execution and delivery — with a broad partner ecosystem, empowering customers to better predict and shape demand, transform their product delivery and deliver outstanding customer experiences. Blue Yonder’s world-class client brands include 75 of the top 100 retailers, 77 of the top 100 consumer goods companies, and 8 of the top 10 global 3PLs. Blue Yonder was founded in 1985 and is based in Scottsdale, Arizona.

Sell $8.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-10 Embassy Industrial Parks

Bangalore, India

Embassy Industrial Parks is a logistics real estate platform focused on developing large and modern institutional-quality facilities and industrial sheds across key Indian cities. The company targets customers in sectors such as 3P logistics services, e-commerce, FMCG, apparel and retail, pharma and automobile components. Embassy Industrial Parks is based in Bangalore, India.

Buy Rs52.5B

Seller(S) 1

SELLER

Hasbro

Pawtucket, Rhode Island, United States

website


Category Company
Founded 1923
Sector Consumer Products
Employees6,640
Revenue 6.4B USD (2021)
DESCRIPTION
Hasbro office in downtown Providence, Rhode Island.
Hasbro office in downtown Providence, Rhode Island.

Hasbro is a manufacturer of various toys comprising boys? action figures, vehicles and playsets, girls? toys, electronic toys, plush products, preschool toys and infant products, electronic interactive products, creative play, and toy-related specialty products. Hasbro was founded in 1923 and is based in Pawtucket, Rhode Island.


DEAL STATS #
Overall 1 of 2
Sector (Media) 1 of 2
Type (Divestiture) 1 of 2
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-22 eOne Music

New York City, Ontario, Canada

eOne Music is an independent record label and music management company. eOne Music was formed in 2009 and is based in New York City.

Buy £3.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-13 D&D Beyond

San Francisco, California, United States

D&D Beyond is a digital toolset and game companion for Dungeons & Dragons fifth edition. D&D Beyond was founded in 2017 and is based in San Francisco, California.

Buy $146M