Capital Markets
Company Overview of The Blackstone Group, Private Equity Group
Company Overview
345 Park Avenue
31st Floor
New York, NY 10154
United States
Founded in 1987
Key Executives for The Blackstone Group, Private Equity Group
The Blackstone Group, Private Equity Group Key Developments
Wendel, AXA Private Equity, BC Partners and Ontario Teachers’ Pension Plan are looking at acquiring ista International GmbH from Charterhouse Capital Partners LLP and CVC Capital Partners Limited in a transaction is valued about €3 billion, Reuters reported citing sources. The companies are preparing to submit second round bids for ista later in April, the report stated. The sale process is being handled by Deutsche Bank and Goldman Sachs. Last month, first round bids were submitted and the bids had a price tag of €3 billion ($3.85 billion). Bain Capital, LLC, The Blackstone Group, Private Equity Group, Canada Pension Plan Investment Board and Cinven Limited are not through to the second round. Apax had initially expressed interest but had not submitted a first round bid, bankers said. The successful buyer will be required to write an equity cheque of around €1.1 billion - €1.2 billion and the rest will be funded with debt. Bankers are working out debt packages of around €2 billion or seven times Ista’s earnings before interest, taxes, depreciation and amortization (EBITDA), bankers said. Deutsche and Goldman Sachs have also put together a ‘staple’ financing package that the potential buyers can use to for the acquisition in order to speed the deal and give buyers confidence that debt can be raised.
The Blackstone Group, Private Equity Group is in advanced discussions to acquire Vrindavan Tech Village for INR 8 billion – INR 9 billion, people with direct knowledge of the matter, said. Blackstone is completing due diligence on Vrindavan. The acquisition will cost Blackstone around INR 22 billion after factoring in INR 12 billion debt and possible payouts to the Karnataka government to settle the lease-cum-sale model. Vrindavan Tech Village is promoted by industrialist Mithilesh Kumar Tripathi, Chairman of Vikas Telecom Ltd. and is being developed by Assetz Property Services Pvt Ltd. Blackstone and Assetz refused to comment to Times of India, while Vikas Telecom could not be reached for comment. RMZ Corp. Holdings Private Limited was also in talks to acquire Vrindavan but failed to agree on a deal with the promoters of Vrindavan due to "technical glitches". Blackstone will bring Embassy Property Developments Limited if it goes ahead with the deal.
The Blackstone Group, Private Equity Group, The Carlyle Group LP and Silver Lake Partners have made first-round bids to acquire Allscripts Healthcare Solutions, Inc., people familiar with the discussions said. Peter Rose, a spokesman for Blackstone, Chris Ullman, a Carlyle spokesman, Gemma Hart. a Silver Lake spokeswoman and Ariana Nikitas, an Allscripts spokeswoman, refused to comment to Bloomberg.
Similar Private Companies By Industry
| Company Name | Region |
| Banner Federal Credit Union | United States |
| Torch Inc | United States |
| Midwest Carpenters & Millwrights Federal Credit Union | United States |
| Kern Schools Federal Credit Union | United States |
| SELCO Community Credit Union | United States |
Recent Private Companies Transactions
| Type Date |
Target |
|
Merger/Acquisition
November 28, 2012 |
Knight Capital Group, Inc. |
|
Merger/Acquisition
November 23, 2012 |
Alliant Insurance Services, Inc. |
|
Merger/Acquisition
November 16, 2012 |
NS HomeShopping. Co. Ltd. |
Most Searched Private Companies
| Company Name | Geographic Region |
| Bertelsmann AG | Europe |
| Lawyers Committee for Civil Rights Under Law | United States |
| NYC2012, Inc. | United States |
| Rush University | United States |
| Citizens Budget Commission | United States |
Post a JobJobs
- New York, NY | Tuttle AgencyPosted: May 20
- New York, NY | Morgan StanleyPosted: May 20
- Charlotte, NC | Wells FargoPosted: May 20
- Charlotte, NC | SourceabilityPosted: May 20
Sponsored Financial Commentaries
Sponsored Links
To contact The Blackstone Group, Private Equity Group, please visit www.blackstone.com/our-businesses/aam/private-equity. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.








