M&A Deal Summary

The Blackstone Group Acquires NIBC

On February 25, 2020, private equity firm The Blackstone Group acquired financial services company NIBC

Acquisition Highlights
  • This is The Blackstone Group’s 15th transaction in the Financial Services sector.
  • This is The Blackstone Group’s 4th transaction in the Netherlands.
Investment Fate
  • NIBC was sold to a strategic buyer in 2025.

M&A Deal Summary

Date 2020-02-25
Target NIBC
Sector Financial Services
Buyer(s) The Blackstone Group
Deal Type Going Private
Advisor(s) BofA Securities (Financial)
A&O Shearman (Legal)

Target

NIBC

The Hague, Netherlands
NIBC is a merchant bank that offers integrated solutions to mid-cap clients in the Benelux region and in Germany. NIBC operates through corporate client offering, retail client offering, and treasury and group functions segments. NIBC was founded in 1945 and is based in The Hague, Netherlands.

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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 394.0B 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 264 of 362
Sector: Financial Services M&A 15 of 16
Type: Going Private M&A Deals 26 of 41
Country: Netherlands M&A 4 of 5
Year: 2020 M&A 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-20 The Ultimate Software Group

Weston, Florida, United States

The Ultimate Software Group, Inc. is a provider of cloud-based human capital management (HCM) solutions. Ultimate delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. The Ultimate Software Group was founded in 1990 and is based in Weston, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-04 NRStor

Toronto, Ontario, Canada

NRStor is a developer of battery storage solutions, targeting scale storage deployment opportunities in North America. NRStor offers stand-alone, renewable coupled energy storage systems, as well as microgrids which are centrally managed through its state-of-the-art operational platform. NRStor was established in 2012 and is based in Toronto, Ontario.

Buy -