M&A Deal Summary |
|
|---|---|
| Date | 2022-02-14 |
| Target | ASK Group |
| Sector | Financial Services |
| Buyer(s) | The Blackstone Group |
| Sellers(s) | Advent International |
| Deal Type | Secondary Buyout |
| Advisor(s) | Nomura Investment Bank KPMG Corporate Finance (Financial) AZB & Partners (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 394.0B 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, New York.
| DEAL STATS | # |
|---|---|
| Overall | 307 of 362 |
| Sector: Financial Services M&A | 16 of 16 |
| Type: Secondary Buyout M&A Deals | 69 of 90 |
| Country: India M&A | 18 of 19 |
| Year: 2022 M&A | 4 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-14 |
Crown Resorts
Southbank, Australia Crown Resorts is an international casino and gaming entity, with businesses and investments in key international markets. Crown Resorts was founded in 2007 and is based in Southbank, Australia. |
Buy | $8.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-15 |
Cloudinary
Santa Clara, California, United States Cloudinary is a media experience platform that empowers companies to deliver visual experiences that inspire and connect by unleashing the full potential of their media. With more than 50 billion assets under management and 9,000 customers worldwide, Cloudinary is used by developers, creators, and marketers looking to upload, store, transform, manage, and deliver images and videos online. Cloudinary was founded in 2011 and is based in Santa Clara, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 91.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 213 of 233 |
| Sector: Financial Services M&A | 25 of 25 |
| Type: Secondary Buyout M&A Deals | 52 of 59 |
| Country: India M&A | 4 of 4 |
| Year: 2022 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-21 |
Encora
Scottsdale, Arizona, United States Encora is a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally native companies whose market position and growth are driven by proprietary software products. Encora is based in Scottsdale, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-18 |
Grupo Tigre
Joinville, Brazil Grupo Tigre is a multinational company with a strong international presence and leadership in civil construction and water treatment solutions. The company offers a broad product portfolio for civil construction, infrastructure, irrigation, and industrial markets. Grupo Tigre was founded in 1941 and is based in Joinville, Brazil. |
Buy | - |