M&A Deal Summary |
|
|---|---|
| Date | 2024-09-04 |
| Target | AirTrunk |
| Sector | Information Technology |
| Buyer(s) |
The Blackstone Group
CPP Investments |
| Sellers(s) |
Macquarie Capital
PSP Investments |
| Deal Type | Secondary Buyout |
| Deal Value | 24.0B AUD |
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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 | 334 of 336 |
| Sector (Information Technology) | 23 of 23 |
| Type (Secondary Buyout) | 80 of 80 |
| Country (Australia) | 7 of 7 |
| Year (2024) | 14 of 16 |
| Size (of disclosed) | 6 of 172 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-15 |
M3
Lawrenceville, Georgia, United States M3 is a cloud-based financial platform and services company serving over 8,000 properties across North America’s hospitality industry helping drive cost savings, revenue enhancement, and business insight. M3 was formed in 1998 and is headquartered in Lawrenceville, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-20 |
G6 Hospitality
Carrollton, Texas, United States G6 Hospitality owns, operates and franchises economy lodging locations under the Motel 6 brand and the Studio 6 Extended Stay brand. G6 Hospitality is based in Carrollton, Texas. |
Sell | $525M |
CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 50 of 51 |
| Sector (Information Technology) | 4 of 4 |
| Type (Secondary Buyout) | 10 of 11 |
| Country (Australia) | 1 of 1 |
| Year (2024) | 3 of 4 |
| Size (of disclosed) | 2 of 26 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-03 |
Keywords Studios
Dublin, Ireland Keywords Studios is an international technical services provider to the global video games industry. The company provides integrated art creation, localization, testing, audio, and customer care services across 50 languages and 14 game platforms to a blue-chip client base in more than 15 countries. It has a strong market position, providing services to 20 of the top 25 most prominent game companies, including Microsoft, Supercell, King, Bandai Namco, Sony, Konami, Electronic Arts, 2K, and Square Enix. Recent titles worked on include Tom Clancy's The Division, Halo 5: Guardians, Batman: Arkham Knight, Street Fighter V, Rise of the Tomb Raider, Clash Royale, and Mobile Strike. Keywords Studios was founded in 1998 and is based in Dublin, Ireland. |
Buy | £2.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-21 |
Nord Anglia Education
London, United Kingdom Nord Anglia Education is an international operator of premium schools, serving students from kindergarten through the end of secondary school (K-12). Together, they educate more than 37,000 students from kindergarten through to the end of secondary education. Providing education to both expatriates and local students in the markets where it operates, Nord Anglia attracts top teaching talent globally and has established collaborations with leading post-secondary institutions, including The Juilliard School, the Massachusetts Institute of Technology and King's College London. Nord Anglia Education was formed in 1972 and is based in London. |
Sell | $14.5B |
Macquarie Capital is the principal investing arm of financial services company Macquarie Group. Macquarie Capital has global capability in advisory, capital raising services, and provides clients with specialist expertise, advice and flexible capital solutions across a range of sectors and products including investing alongside partners and clients. Macquarie Capital is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector (Information Technology) | 2 of 2 |
| Type (Secondary Buyout) | 6 of 6 |
| Country (Australia) | 2 of 2 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-24 |
Kalkomey
Richardson, Texas, United States Kalkomey provides technology-enabled recreational safety management solutions to outdoor enthusiasts and government agencies. The company administers online education courses and certifications for boaters and hunters in all 50 US states and Canada. It also provides software to state agencies to drive recreational participation and civic engagement and grow agency revenue. Kalkomey was founded in 1995 and is based in Richardson, Texas. |
Buy | - |
PSP Investments is a Canadian pension manager focused on a variety of investment strategies including public equities, real estate, private equity, infrastructure, private debt, and natural resources. The Firm's private equity group looks to back funds as well as make direct investments in partnership with managers. PSP will consider opportunities globally and will invest across a broad range of sectors, including financials, consumer, industrials, healthcare, technology, communications, and energy. PSP Investments is based in Ottawa.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Information Technology) | 1 of 1 |
| Type (Secondary Buyout) | 3 of 3 |
| Country (Australia) | 1 of 1 |
| Year (2024) | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-22 |
Galderma
Zug, Switzerland Galderma is a global skincare company offering medical and consumer skin health solutions through three business units; aesthetics and prescription and consumer health. Galderma was founded in 1981 and is based in Zug, Switzerland. |
Sell | - |
