Blackstone Group

company

About

Blackstone is an investment and advisory firm providing financial solutions for investors and clients.

  • 251 - 500

Details

Industries
Advice,Business Development,Consulting,Finance,Financial Services
Founded date
Jan 1, 1985
Number Of Employee
251 - 500
Operating Status
Active
Investor Type
PE

Blackstone is an investment and advisory firm that strives to provide solutions that create lasting value for their investors, the companies in which they invest, and society at large.

The firm was founded in 1985 by Stephen A. Schwarzman, their Chairman and Chief Executive Officer, and Peter G. Peterson, who retired as Senior Chairman in 2008. They began with a modest balance sheet of $400,000 but with a wealth of entrepreneurial ideas about creating a world-class investment and advisory business built on a foundation of uncompromising commitment to excellence. Their vision was to create a firm that put clients’ needs first, that was independent and conflict-free, adhered to the highest ethical standards, and sought to create long-term value for all stakeholders.

Today, they are a firm of nearly 1,800 employees in 24 offices worldwide. But they are more than that. Their portfolio companies employ over 730,000 people across the globe, making us a major factor in economies around the world.

In June of 2007, Blackstone completed its initial public offering and is listed on the New York Stock Exchange under the ticker symbol BX.

Investments

Number of Investments
Number of Lead Investments
21
8
Blackstone Group has made 21 investments. Their most recent investment was on May 11, 2022, when Chainalysis raised $170M.
Date Company Name
Round Money Raised Industry Lead Investor
May 11, 2022 Chainalysis
Series F $170M Analytics
Jan 1, 2022 Zumper
Series D $30M B2B
Dec 10, 2021 Altus Power
Post-IPO Equity $275M Energy
Dec 2, 2021 Hotel Engine
Series B $65M Business Travel
Nov 10, 2021 Ample
Private Equity(PE) $50M Automotive Yes

Acquisition

Blackstone Group has acquired 6 organizations. Their most recent acquisition was Alliant Insurance Services on Jun 3, 2007. They acquired Alliant Insurance Services for 0.

Date Company Name
Industry Acquisition Type Price
Consulting acquisition Detail
Feb 10, 2017 Alight Solutions
Consulting lbo $ 4.80B Detail
Banking lbo Detail
Real Estate acquisition $ 2.30B Detail
Dec 22, 2020 Liftoff
Ad Network lbo Detail