M&A Deal Summary

The Blackstone Group Acquires Sony Payment Services

On December 22, 2023, private equity firm The Blackstone Group acquired internet software and services company Sony Payment Services from Sony

Acquisition Highlights
  • This is The Blackstone Group’s 21st transaction in the Internet Software and Services sector.
  • This is The Blackstone Group’s 3rd transaction in Japan.

M&A Deal Summary

Date 2023-12-22
Target Sony Payment Services
Sector Internet Software and Services
Buyer(s) The Blackstone Group
Sellers(s) Sony
Deal Type Divestiture

Target

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.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 321 of 340
Sector (Internet Software and Services) 21 of 23
Type (Divestiture) 33 of 33
Country (Japan) 3 of 3
Year (2023) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-15 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-22 Salas O brien Engineers

San Jose, United States

Salas O'brien Engineers, Inc. is a provider of planning, design, and construction management services to private and public clients.

Buy -

Seller(S) 1

SELLER

Sony

Tokyo, Japan

Category Company
Founded 1946
Sector Electronics
Employees108,900
Revenue 11.54T JPY (2023)
DESCRIPTION
Entrance to Sony's corporate headquarters in Tokyo, Japan.
Entrance to Sony's corporate headquarters in Tokyo, Japan.

Sony is a global company operating in the fields of electronics, entertainment, and technology. The Company operates across various business segments, including electronics, gaming, music, movies, and financial services, offering a diverse range of high-quality products and services to customers worldwide. Sony was founded in 1946 and is based in Tokyo, Japan.


DEAL STATS #
Overall 9 of 9
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 6 of 6
Country (Japan) 4 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-10 Bilibili

Shanghai, China

Bilibili is a provider of online entertainment platform for young generations. Bilibili was incorporated in 2009 and is based in Shanghai, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-16 KinaTrax

Boca Raton, Florida, United States

KinaTrax provides professional and collegiate teams with game-changing insights focusing on teams' most valuable asset: their athletes. The company delivers research-grade markerless motion capture technology that allows teams to collect in-game biomechanical performance data. KinaTrax was founded in 2016 and is based in Boca Raton, Florida.

Buy -