M&A Deal Summary

The Blackstone Group Acquires Groupe SII

On December 15, 2023, private equity firm The Blackstone Group acquired information technology company Groupe SII

Acquisition Highlights
  • This is The Blackstone Group’s 21st transaction in the Information Technology sector.
  • This is The Blackstone Group’s 4th transaction in France.

M&A Deal Summary

Date 2023-12-15
Target Groupe SII
Sector Information Technology
Buyer(s) The Blackstone Group
Deal Type Going Private
Advisor(s) Jeantet & Associés (Legal)

Target

Groupe SII

Paris, France
Groupe SII is a provider of technical consultancy services. Groupe SII was founded in 1979 and is based in Paris, France.

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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 325 of 362
Sector: Information Technology M&A 21 of 25
Type: Going Private M&A Deals 36 of 41
Country: France M&A 4 of 5
Year: 2023 M&A 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-05 Power Grid Components

Bessemer, Alabama, United States

Power Grid Components was formed to acquire companies that supply products used in the North American electric power grid. The company supplies high-quality porcelain, glass, and polymer insulators, as well as instrument transformers for revenue metering and protective relaying to electric utilities, substation manufacturers, and other customers who support the grid. Power Grid Components is based in Bessemer, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-22 Sony Payment Services

Tokyo, Japan

Sony Payment Services is a payment services provider offering high-speed and secure infrastructure for customers and businesses to process online payments. Sony Payment Services is based in Tokyo, Japan.

Buy -