Investment Summary

The Blackstone Group Invests In Grupo Iusacell

On January 1, 1993, private equity firm The Blackstone Group invested in communications company Grupo Iusacell for 132M USD

Investment Highlights
  • This is The Blackstone Group’s 1st transaction in the Communications sector.
  • This is The Blackstone Group’s 169th largest (disclosed) transaction.
  • This is The Blackstone Group’s 1st transaction in Mexico.
Investment Fate
  • Grupo Iusacell was sold to a publicly-traded strategic buyer in 2003.

Investment Summary

Date 1993-01-01
Target Grupo Iusacell
Sector Communications
Investor(s) The Blackstone Group
Deal Type Stake Purchase
Deal Value 132M USD

Target

Grupo Iusacell

Chapultepec Delegación Miguel, Mexico
Grupo Iusacell provided telecommunication services in Mexico.

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Investor(S) 1

Investor

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 8 of 365
Sector: Communications M&A 1 of 25
Type: Stake Purchase M&A Deals 6 of 50
Country: Mexico M&A 1 of 2
Year: 1993 M&A 1 of 5
Size (of disclosed) 169 of 185
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1991-12-01 Six Flags

Arlington, Texas, United States

Six Flags is a regional theme park operator, with 19 parks in the United States, Canada, and Mexico. Six Flags provides families and thrill seekers with a wide variety of entertainment options, including special events and access to over 800 rides throughout North America. Six Flags was founded in 1961 and is based in Arlington, Texas.

Buy $760M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1993-06-01 Davidson Hotels

Memphis, Tennessee, United States

Davidson Hotels operated full service hotels primarily located in the southeastern U.S.

Buy $95M