M&A Deal Summary |
|
|---|---|
| Date | 2019-01-31 |
| Target | Tallgrass Energy Partners |
| Sector | Energy Services and Equipment |
| Buyer(s) | The Blackstone Group |
| Deal Type | Going Private |
| Deal Value | 3.3B USD |
| Advisor(s) | Baker Botts (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 394.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 248 of 362 |
| Sector: Energy Services and Equipment M&A | 8 of 9 |
| Type: Going Private M&A Deals | 24 of 41 |
| State: Kansas M&A | 1 of 1 |
| Country: United States M&A | 155 of 230 |
| Year: 2019 M&A | 1 of 16 |
| Size (of disclosed) | 51 of 183 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-31 |
HealthMarkets
North Richland Hills, Texas, United States HealthMarkets is an independent field marketing organization (“FMO”) for health insurance and supplemental products. HealthMarkets was founded in 1983 and is based in North Richland Hills, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-04 |
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. |
Buy | $11.0B |
