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) |
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 | 286 of 362 |
| Sector: Information Services M&A | 4 of 5 |
| Type: Divestiture M&A Deals | 27 of 34 |
| State: Massachusetts M&A | 7 of 11 |
| Country: United States M&A | 178 of 230 |
| Year: 2021 M&A | 10 of 27 |
| Size (of disclosed) | 86 of 183 |
| 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 vertically integrated manufacturer and distributor of medical surgical products to hospitals, post-acute facilities and physician offices. Medline’s global manufacturing, sourcing and distribution network enables it to partner with healthcare providers globally, delivering products and solutions that reduce costs, increase supply chain efficiency and improve overall quality of care. Medline was founded in 1966 and is based in Northfield, Illinois. |
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 M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-14 |
Genworth Life Insurance Co.
Richmond, Virginia, United States Genworth Life Insurance Co. is an insurance company formed by Genworth Financial, Inc. |
Buy | - |