Investment Summary

The Blackstone Group Invests In IBS Software

On December 16, 2015, private equity firm The Blackstone Group invested in software company IBS Software from General Atlantic

Investment Highlights
  • This is The Blackstone Group’s 6th transaction in the Software sector.
  • This is The Blackstone Group’s 1st transaction in Singapore.
Investment Fate
  • IBS Software was sold to a consortium of financial buyers in 2023.

Investment Summary

Date 2015-12-16
Target IBS Software
Sector Software
Investor(s) The Blackstone Group
Sellers(s) General Atlantic
Deal Type Stake Purchase

Target

IBS Software

Singapore, Singapore
IBS Software is a global provider of new-generation IT solutions to the travel, transportation and logistics industries. IBS Software was formed in 1997 and is based in Singapore.

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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 204 of 362
Sector: Software M&A 6 of 15
Type: Stake Purchase M&A Deals 44 of 50
Country: Singapore M&A 1 of 2
Year: 2015 M&A 19 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-16 MB Aerospace

Motherwell, United Kingdom

MB Aerospace is a provider of precision aero-engine component manufacturing and repair services serving major aerospace and defense engine OEMs, Tier 1 suppliers, and MRO providers. MB Aerospace was founded in and is based in Motherwell, Scotland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-20 iSight Partners

Dallas, Texas, United States

iSight Partners is a global cyber threat intelligence firm that delivers intelligence services and insight to leading enterprises in business and government. With a global network of security analysts and geographic research and analysis centers in Washington DC, The Netherlands, Brazil, Ukraine, India and China, iSIGHT Partners is uniquely positioned to monitor and mine the cyber threat ecosystem and deliver proprietary intelligence products and services specific to the threats its clients face.

Sell $200M

Seller(S) 1

SELLER

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 76 of 166
Sector: Software M&A 7 of 11
Type: Stake Purchase M&A Deals 5 of 10
Country: Singapore M&A 1 of 2
Year: 2015 M&A 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-14 Avant

Chicago, Illinois, United States

Avant is a provider of insurance solutions to Transportation, Supermarket, and Cannabis industries. Avant was founded in 1973 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-22 Pague Menos

Fortaleza, Brazil

Pague Menos is a drugstore retail chain. Pague Menos sella a variety of products, including medicines, personal care items, beauty products, Pague Menos was founded in 1981 and is based in Fortaleza, Brazil.

Buy -