M&A Deal Summary

The Blackstone Group Acquires Link Logistics

On August 9, 2018, private equity firm The Blackstone Group acquired real estate company Link Logistics for 7.6B USD

Acquisition Highlights
  • This is The Blackstone Group’s 8th transaction in the Real Estate sector.
  • This is The Blackstone Group’s 20th largest (disclosed) transaction.
  • This is The Blackstone Group’s 151st transaction in the United States.
  • This is The Blackstone Group’s 18th transaction in New York.

M&A Deal Summary

Date 2018-08-09
Target Link Logistics
Sector Real Estate
Buyer(s) The Blackstone Group
Deal Type Going Private
Deal Value 7.6B USD

Target

Link Logistics

New York, New York, United States
Link owns and operates a ortfolio of logistics real estate, leasing warehouse space to everyone from e-commerce giants to mom-and-pop shops. The company specializes in acquiring and managing single-tenant, net-leased industrial and office properties purchased through sale-leaseback transactions or directly from property developers and owners.

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Buyer(S) 1

Buyer

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor


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, New York.


DEAL STATS #
Overall 244 of 340
Sector (Real Estate) 8 of 11
Type (Going Private) 23 of 36
State (New York) 18 of 22
Country (United States) 151 of 211
Year (2018) 9 of 12
Size (of disclosed) 20 of 172
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-09 TaskUs

New Braunfels, California, United States

TaskUs is a provider of outsourced digital services and next-generation customer experience to companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech. TaskUs was founded in 2008 and is based in New Braunfels, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 Ascenty

Campinas, Brazil

Ascenty is the largest data center provider in Brazil, with seven data centers currently operating and an additional data center under construction. The company was founded in 2010 and has focused on building world-class data centers while serving some of the largest global technology companies. All the company’s data centers are interconnected using a proprietary 4,000 km fiber-optic network.

Sell $1.8B