Chartis, a Chicago, IL-based healthcare advisory firm, entered into a definitive agreement to receive a majority investment from funds managed by Blackstone. The investment includes continued equity participation from Audax Private Equity. The transaction is expected to close by the end of 2024, subject to customary closing conditions and regulatory approvals. Terms of the transaction
Westwood Professional Services CEO Bryan Powell [Photo: Westwood] Westwood Professional Services, a Plano-based engineering and design firm, has received a majority investment from New York City-based Blackstone, and equity funds affiliated with Blackstone. Established in 1971, Westwood is a full-service professional engineering firm specializing in wind energy, solar energy, energy storage, power delivery, EV infrastructure,
Blackstone, the world’s largest landlord, contends the worst is over for commercial real estate. Investors, however, are not so sure. In the first quarter, shareholders in Blackstone Real Estate Income Trust, or BREIT, its $59 billion flagship real estate investment fund, pulled out almost a billion dollars a month on average, according to the company’s
A group led by Blackstone, the biggest private equity fund globally, together with Abu Dhabi Investment Authority (ADIA) and GIC of Singapore, made a non-binding offer recently to purchase a majority stake in Haldiram Snacks Food Pvt Ltd (HSFPL), the joint packaged snacks and foods business of the Agarwal family’s Delhi and Nagpur branches, according
Bermuda-headquartered Hamilton Insurance Group, Ltd. has entered into an agreement to repurchase shares owned by funds affiliated with Blackstone Alternative Solutions LLC (BAS). The transaction includes 9,124,729 Class A common shares which will be purchased at $12.00 per share, totalling $109,496,748. This represents a 12.0% discount to the 30-day volume weighted average price of the