Buyout (LBO, MBO, MBI) • Internet Software and Services

The Blackstone Group Acquires Simplilearn

On July 19, 2021, private equity firm The Blackstone Group acquired internet software and services company Simplilearn

Acquisition Context
  • This is The Blackstone Group’s 14th transaction in the Internet Software and Services sector.
  • This is The Blackstone Group’s 17th transaction in India.

Explore All 674 Buyout (LBO, MBO, MBI) Internet Software and Services Deals - Search the Database Free


M&A Deal Summary

Date July 19, 2021
Target Simplilearn
Sector Internet Software and Services
Buyer(s) The Blackstone Group
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Simplilearn

Bengaluru, India
Simplilearn is an online learning ‘bootcamp’ based in India offering digital skills training and courses to working professionals all over the world. Simplilearn was founded in 2010 and is based in Bengaluru, Karnataka.
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Buyer Overview 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 Context for Buyer #
Overall 295 of 365
Sector: Internet Software and Services 14 of 24
Type: Buyout (LBO, MBO, MBI) 75 of 82
Country: India 17 of 19
Year: 2021 17 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-06 Sphera

Chicago, Illinois, United States

Sphera is a global provider of Operational Excellence software and information services with a focus on Operational Risk, Environmental Health & Safety (EH&S), and Product Stewardship. Sphera is based in Chicago, Illinois.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 Vine Energy

Plano, Texas, United States

Vine Energy is an energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in the Haynesville Basin of Northwest Louisiana. Vine Energy was founded in 2014 and is based in Plano, Texas.

Sell $2.2B