Since 1987, the CCG companies have certified more than 60 Cryoport's business could be affected by a number of other factors, including the risk factors listed from time to time in Cryoport's SEC reports including, but not limited to, Cryoport's 10-K for the year ended December 31, 2019, Cryoport's Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 and any subsequent filings with the SEC. Matt Anderson Duane Morris acted as legal advisor to CCG. Our mission is to support life and health on earth by providing reliable and comprehensive solutions for the life sciences industry through our advanced technologies, global supply chain network and dedicated scientists, technicians and supporting team of professionals. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. This transaction represents a hallmark event with two supporting life science leaders, Cryoport and MVE Biological Solutions, coming together to further de-risk processes for the life sciences industry at a time when these services are poised for exponential growth. For office-specific contact information, please visit our our offices page. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Andrea Serra, a Managing Director at Blackstone, said: The increasing focus on environmental sustainability by businesses and consumers alike is one of Blackstones highest conviction investment themes and we are proud to back Sustana, a fast-growing leader in this sector. Blackstone is one of the worlds leading investment firms and seeks to All rights reserved. All quotes delayed a minimum of 15 minutes. mariel.seidmangati@blackstone.com Further information is available at www.blackstone.com. Tactical Opportunities is Blackstone's platform investing globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment. NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered Cryoport, Inc. (Nasdaq: CYRX) is redefining temperature controlled supply chain support for the life sciences industry by providing a broad platform of temperature-controlled supply chain solutions, serving the Biopharma, Reproductive Medicine, and Animal Health markets. Please allow 10 minutes prior to the call to visit this site to download and install any necessary audio software. SARASOTA, FLA. (July 1, 2021) Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will . and SAINT-JRME, Quebec Blackstone (NYSE:BX) announced today that funds managed by its Blackstone Tactical Opportunities business ("Blackstone") have acquired Sustana Group ("Sustana" or the "Company"), a leading manufacturer of premium, sustainable recycled fiber, paper and packaging products, from an affiliate of H.I.G. This strategic acquisition allows Cryoport to continue to increase services for cell and gene therapy customers, providing mission-critical solutions helping improve patient outcomes and save lives.". Mark Salzberg, CCG's founder, and Steven R. Eichenbaum, CCG's CEO, will retain a significant . Blackstone Tactical Opportunities acquires Sustana Group on 2021-12-01 for an undisclosed amount. America, and/or its related companies in the United States and/or other Portions of this site are directed only to persons in certain jurisdictions. Through Cryoport's acquisition, we believe MVE Biological Solutions will deliver strong growth as the demand for its solutions from cell and gene therapy customers continues to increase. Building on Blackstones firmwide conviction in the life sciences industry, Tac Opps invested in Cryoport, a global provider of mission-critical logistics solutions to life sciences companies, especially in the area of cell and gene therapies (CGT). The merger, combined with a $5 million Series B funding round, will facilitate new product development and expansion into new international markets. It has been incredible to be a part of this journey as we achieved and then exceeded these goals. Classic Collectible Services (CCS), Certified Sports Guaranty (CSG), The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. By selecting the relevant option, you certify that it accurately reflects your residency. View original content to download multimedia:http://www.prnewswire.com/news-releases/cryoport-announces-agreement-to-acquire-mve-biological-solutions-from-chart-industries-301117704.html, << Back to 2020 Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging | Business Wire Blackstone Tactical Opportunities. Open Roles - Join Us! Now clients seeking a more sustainable option can get the best of both worlds with our thin wall PET bottles and extrusion blow molding (EBM). Blackstone Tactical Opportunities to Acquire NGC and Certified The agreement to acquire MVE follows on the heels of our agreement to acquire CRYOPDP, a France-based specialty temperature-controlled life sciences logistics company. new collectors and investors, added Steven R. Eichenbaum, CEO at CCG. About Certified Collectibles Group (CCG). Blackstone has amassed about $5 billion for the Blackstone Tactical Opportunities Fund IV, which was initially aiming to raise only $4 billion, Reuters previously reported. visit collectiblesgroup.com. global physical and digital collectibles industry for several years and we Blackstone Real Estate Announces Sale of a Logistics Portfolio in Japan Switchboard: +1 (212) 583-5000. Contact:For BlackstoneMatt Anderson518-248-7310[emailprotected], For CCGJanell Armstrong, Marketing Coordinator941.360.3990 ext. CCG is a leading, global provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in. Contact: 332-999-6154. As a regional leader, we believe VNET is well positioned to help meet this growing demand. We look forward to investing further in the business to drive growth and believe ZO is well positioned to continue delivering premier solutions to physicians and patients., ZOSkin Health is one of the fastest-growing brands in the rapidly expanding professional skin care market," said Todd Hirsch, a senior managing director at Blackstone. This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. the same vision for the future of our company and the global collectibles Certainty. Blackstone's tactical opportunities division has about $34 billion in assets under management. BIG NEWS! Blackstone Tactical Opportunities to Acquire the - Greysheet Blackstone Tactical Opportunities Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. We look forward to investing further in the business to drive growth and believe ZO is well positioned to continue delivering premier solutions to physicians and patients., Skin Health is one of the fastest-growing brands in the rapidly expanding professional skin care market,", 3 Emerging Trends in the Post-COVID World of Skin Care, 15+ Trends in Cosmetics Innovation at in-cosmetics Global 2023, How Luxury Skin Care Got Outflanked by Lower-priced Brands, A dedicated eco-designed website for SILABs Actively Caring CSR program. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. Blackstone is one of the world's leading investment firms. July 1, 2021 4 Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified. By submitting this request, you consent to receive email from Blackstone. News Releases. Blackstone does this by using extraordinary people and flexible capital to Announced . We were one of the earlier investors and have since built world-class platforms, driven by our confidence in the sector's continued growth. SARASOTA, FLA. (July 1, 2021) Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. We do this by using extraordinary people and flexible capital to help companies solve problems. In late December, funds managed by Blackstone Tactical Opportunities acquired a significant stake in Bradenton-based Sunz Holdings LLC. All rights reserved.NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered trademarks or unregistered trademarks of Numismatic Guaranty Corporation of America, and/or its related companies in the United States and/or other countries. For office-specific contact information, please visitour offices page. To view recent press releases,click here. Secrets of the Rare Coin & Bullion Business. Blackstone Tactical Opportunities Blackstone Tactical Opportunities is an opportunistic investing platform seeking to capitalize on global investment opportunities. Showing 1 to 20 of 65 vacancies. acted as lead legal advisor to Blackstone. "Both companies serve sophisticated life sciences clients, and having these two life sciences supporting leaders working together will amplify the high quality and reliability their respective customers have come to rely on. athletes, recording artists, and other leaders across entertainment and The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. This acquisition is a further step in Cryoport fulfilling its mission of being "the life sciences industry's preeminent partner for temperature-controlled supply chain solutions" by broadening its footprint of solutions and services to the life sciences industry, and in particular to the fast-growing cell and gene market. Exclusive news, data and analytics for financial market professionals, Reporting by Chibuike Oguh in New York; Editing by Stephen Coates, First Republic collapse sparks regional bank shares sell-off, JPMorgan wins government auction to buy seized First Republic Bank, Ford's Kentucky Truck Plant road-tests a new quality strategy, Lordstown shares plunge 48% as investor Foxconn alleges agreement breach. Bri Tarpey estate, public debt and equity, life sciences, growth equity, Ki has a strong, innovative management team which established the business in partnership with Brit, a leading Lloyds underwriter with a long track record of success. Otherwise, we will assume you're OK to continue. Tactical Opportunities - Blackstone Tactical Opportunities We provide opportunistic capital, timely investing decisions and differentiated solutions. these goals. . CCG has certified more than 62 million of these collectibles, with a combined fair market value approaching $50 billion. Blackstone Tactical Opportunities to Acquire the Certified Collectibles Your identity will be restricted to first name/last initial, or a user ID you create. Further information is available at www.blackstone.com. We completed a follow-on investment in 2020, furthering our mission to deliver next-generation solutions to support the national security space domain. For information on our privacy practices see our Privacy Policy. Johnson & Johnson Announces Kenvue, Inc. IPO Roadshow. Johnson & Johnson debuted the new consumer health company in October 2022. Ross B. Shuster to Join as CEO of Standalone Climate Technologies The Blackstone team supports both my vision of delivering healthy skin to all people and the business potential of the company. Start Free Trial . "We can now far better understand the biological pathways that drive the behavior of cells", e.l.f. Our team has built a leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone.. that add value and liquidity to collectibles. Cryoport, with the addition of MVE will deliver a unique combination of passionate teams with outstanding industry knowledge; industry-leading global client coverage; advanced temperature controlled engineering capabilities; and unparalleled temperature-controlled supply change innovation. Blackstone Tactical Opportunities to Acquire the Certified Collectibles Through this strategy, Blackstone acquired a majority stake in women's wear brand SPANX Inc in a deal that valued the firm at $1.2 billion, and it paid $3 billion for control of dating app Bumble Inc (BMBL.O) before its initial public offering in 2021. 3 Ways Beauty Companies Can Prepare for MoCRA. 2021 Certified Collectibles Group. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. the company at more than $500 million. Together, Cryoport and MVE Biological Solutions offer a unique combination of industry knowledge, client coverage, engineering and innovation. Capital. Sustana Group, comprised of Sustana Fiber and Rolland, is committed to industry-leading product quality, continuous improvement and environmental stewardship by innovating solutions that are better for business, better for the environment and better for society at large. The $6.7 billion Blackstone Tactical Opportunities Fund II and the Tactical Opportunities Fund III, which raised $4.09 billion, had generated a net internal rate of return of 14.1% and 11.7%, respectively, as of June last year, according to the California Public Employees' Retirement System. The premium California-based skin care brand is sold globally through physicians and skin care professionals. This product provides tissue Blackstone (NYSE:BX) announced today that funds managed by its Blackstone Tactical Opportunities business (Blackstone) have acquired Sustana Group (Sustana or the Company), a leading manufacturer of premium, sustainable recycled fiber, paper and packaging products, from an affiliate of H.I.G. Today, CCG sits at the forefront of the fast-growing global collectibles industry with offices on three continents, robust digital offerings and comprehensive certification services for collectibles. A Blackstone spokesperson declined to comment. All rights reserved. Blackstone Tactical Opportunities Acquires Sustana Group - PaperAge 2023 CoinWeek DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Authenticated Stamp Guaranty (ASG) and Collectibles Authentication Except as required by law, Cryoport disclaims any obligation, and does not undertake, to update or revise any forward-looking statements in this press release. Sara Moss joined ELC in 2003 as executive vice president and general counsel. Founded in 1987, CCG USA 518 248 7310 vision that we would transform collectibles into an asset class that is Our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment 236 Since 1987, the CCG companies have certified more than 60 million coins, banknotes, comic books, trading cards, sports cards, stamps, estate items and related collectibles. Continuing on our global thematic focus on the data center space, our thesis for this investment was based on the impact of an explosion in consumer data usage on demand for wholesale data centers, particularly in this underpenetrated but rapidly growing market. Sunz Holdings is the parent company of Sunz Insurance, a fast-growing national workers . To receive email alerts from Blackstone, sign up below. and Main Street Advisors, a leading investment advisory firm to prominent Report: Boost Lab x tbh Skincare Merge to Form York Street Brands. Golub Capital led the financing help companies solve problems. SARASOTA, FLA. (July 1, 2021) phase of growth for CCG and the collectibles market., We are thrilled to be partnering with Blackstone during this key point in Mark Salzberg, Founder of CCG, said: When I established CCG, I had a vision that we would transform collectibles into an asset class that is trusted by collectors, dealers and investors around the world. Their most recent investment was on May 18, 2022, when Recurrent Ventures raised $300M. Blackstone Infrastructure Partners (BIP), an infrastructure-focused series of funds, today announced that it has acquired a 35% stake in Phoenix Tower International ( PTI ), an independent tower company operating in the Americas and Europe, from Manulife Investment Management, which holds its stakes through John Hancock Life Insurance (JHUSA) and items. It has been Search Crunchbase. Through our purpose-built, proprietary Cryoport Express Shippers; Cryoportal information technology; validated Global Logistics Centers; smart and sustainable temperature-controlled logistics solutions; and biostorage/biobanking services, Cryoport serves clients in life sciences research, clinical trials, and product commercializations. While the legislation will continue to morph over the next few years with additional guidelines, there are three things that all beauty companies can do to prepare for whats passedand whats nextwhen it comes to modernizing. (917) 698-1674 Goldman Sachs & Co. LLC acted as exclusive financial advisor to CCG. This copy is for your personal, non-commercial use only. Exclusive: Blackstone set to raise as much as $10 billion for tactical ", On behalf of ZOs management team, we are thrilled to work with Dr. Zein Obagi and our new partner in Blackstone,"said president and CEO at ZO Skin Health, Mark Williams. To fund the acquisition, Cryoport is receiving a $275 million investment from funds managed by Blackstone Tactical Opportunities (NYSE: BX) ("Blackstone"). equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; ", Ram Jagannath, global head of health care for Blackstone Growth and Tactical Opportunities, said: ZOSkin Healths results-driven products are best-in-class in the physician market, and their position as a trusted skin care brand has made them a market leader and partner to medical professionals. companies they invest in, and the communities in which they work. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Cryoport cautions investors not to place undue reliance on the forward-looking statements contained in this press release, which speak only as of the date of this press release. Further information is available at www.blackstone.com. CCG has certified more than 62 million of these collectibles, with a A dial-in replay of the call will also be available, to those interested, until September 1, 2020. Switchboard:+1 (212) 583-5000. million coins, banknotes, comic books, trading cards, sports cards, stamps, Blackstone differentiated investment opportunities. Chibuike reports on mostly large U.S.-based private equity firms, including Blackstone, KKR, Carlyle, and Apollo. The Tac Opps team invests globally across asset classes,. We make investments that traditional investment strategies either dont or cant. ", Ram Jagannath, Senior Managing Director of Blackstone, said, "Life sciences and logistics are two of Blackstone's highest-conviction investment areas and we're excited to back an industry-leader at the cross-section of these fast-growing sectors. Our asset management businesses, with $564 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Solutions. Blackstone is the worlds largest alternative asset manager. Our strategy is unconstrained by asset class, industry, sector, security type or geography. A global investment firm with $584 billion in assets under management has put a major vote of confidence in one area firm. Follow Blackstone on Twitter @Blackstone. business. Clea.Bourgeois@edelman.com Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business ("Blackstone") have agreed to acquire a majority stake in the Certified Collectibles Group ("CCG") in a transaction valuing the company at more than $500 million. Considering all of the many advantages of our business, being a part of Blackstone is the single biggest differentiator and the one which is hardest to replicate.. OR NASHVILLE, Tenn., Aug. 25, 2020 /PRNewswire/ -- Cryoport, Inc. (NASDAQ: CYRX) ("Cryoport" or the "Company"), a global leader in temperature-controlled supply chain solutions for the life sciences industry, today announced it has signed an agreement to acquire MVE Biological Solutions ("MVE"), a global leader in manufactured vacuum insulated products and cryogenic freezer systems for the life sciences industry, from Chart Industries, Inc. (NASDAQ: GTLS). Capital ("H.I.G."). By submitting this request, you consent to receive email from Blackstone. The industry leader for online information for tax, accounting and finance professionals. offers authentication, grading and conservation services that have unlocked jarmstrong@collectiblesgroup.com. Blackstone Tactical Opportunities to Acquire the Certified Collectibles industries and geographies, seeking to identify and execute on attractive, Headquartered in De Pere, Wisconsin, Sustana Group, which comprises Sustana Fiber and Rolland, uses post-consumer . stake in the Certified Collectibles Group (CCG) in a transaction valuing positive impact for the companies it acquires and the communities that they For press inquiries, contact [emailprotected]. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Prominent fund invests in area insurance firm | Business Observer Blackstone will seek to accelerate CCGs growth, enabling the company to invest significantly in its current and planned services, adding and training new employees, expanding its geographic and product reach, acquiring new technologies and developing its digital presence. CCG has expanded from collectible coins to comic books, banknotes, Our 2020 investment funded a strategic acquisition that expanded Cryoports product offering and strengthened their ability to provide fully integrated, end-to-end supply chain solutions. Individual Investors & Financial Advisors. Andrea Serra, a Managing Director at Blackstone, said: The increasing focus on environmental sustainability by businesses and consumers alike is one of Blackstones highest conviction investment themes and we are proud to back Sustana, a fast-growing leader in this sector. We respond dynamically, moving with conviction, judgment and discipline to capture opportunities that less equipped investors miss. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. Blackstone Tactical Opportunities is Blackstone's opportunistic investment platform. Founded in 1987 in Washington, DC, our global team today is comprised of more than 2,100 professionals operating in 29 offices across 5 continents . Under the agreement, Cryoport will acquire MVE in an all cash transaction valued at $320 million.