Blackstone Invests $200M in Entrata

Blackstone Makes Minority Investment in Sia Partners (up to €250M)

December 17, 2024

Consulting

Funds managed by Blackstone's private equity strategy will make a minority investment of up to €250 million in Sia Partners. Founder and CEO Matthieu Courtecuisse retains a significant majority stake and will continue to lead the firm; the capital will support Sia's U.S. expansion, capability development (notably in AI), and strategic M&A.

Entrata Acquires Rent Dynamics

July 13, 2023

Cloud & SaaS

Entrata, a multifamily property management operating system, acquired 100% of the equity in Rent Dynamics to integrate RentPlus rent-reporting and resident financial tools into Entrata’s platform. The deal expands Entrata’s resident services capabilities to help renters build credit and provides additional retention and revenue tools for property managers; financial terms were not disclosed.

Blackstone to Acquire Majority Stake in Priority Software

May 16, 2024

Software

Blackstone Growth has entered into a definitive agreement to acquire a majority stake in Priority Software, a Tel Aviv–based provider of cloud ERP and vertical business applications. Existing investors TA Associates and Fortissimo Capital will roll part of their stakes as Blackstone supports Priority's continued expansion across industries, markets and geographies.

Blackstone Tactical Opportunities and Greater Sum Ventures Invest in Inhabit

December 2, 2024

Cloud & SaaS

Inhabit, a PropTech company providing property management software, secured a preferred equity investment led by Blackstone Tactical Opportunities with an additional investment from Greater Sum Ventures. The funding will support product development, expand capabilities, and accelerate Inhabit's growth across the residential and vacation property management markets.

Blackstone Majority Investment in Liftoff

December 22, 2020

Marketing & Advertising

Private equity funds managed by Blackstone have reached a definitive agreement to make a majority investment in Liftoff, a Redwood City-based performance-based mobile app marketing optimization platform. The partnership will provide capital and resources to accelerate product development, expand Liftoff's global footprint, and support future growth initiatives.

Blackstone Acquires Cvent with ADIA Minority Stake and Vista Participation

June 15, 2023

Cloud & SaaS

Blackstone, through an affiliate of its private equity funds, completed a cash acquisition of Cvent Holding Corp. for $8.50 per share, implying an enterprise value of about $4.6 billion. The deal includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and participation from existing stockholder Vista Equity Partners; Cvent will be delisted from Nasdaq.