Blackstone Acquires Chamberlain Group from The Duchossois Group

North Haven Capital Acquires The Chamberlain Group

September 28, 2022

Medical Devices

North Haven Capital, in partnership with Upstream Capital and with financing support from BankProv and BDC Capital, has acquired The Chamberlain Group, a New England-based designer and manufacturer of high-fidelity anatomical medical models. The deal gives North Haven a control position to expand TCG’s product offerings, service capabilities, target end markets and international footprint while working with the company’s founders and existing team.

Casa Acquires Cryptography Team Chamber

March 31, 2024

Cybersecurity

Casa Inc. has acquired Chamber, a small applied-cryptography and passkeys team, and has appointed Chamber co-founders William Allen as COO and Bryan Latten as CTO. The acquisition (completed in March) will accelerate Casa’s roadmap to improve private-key security and usability across its self-custodial vault products.

Blackstone-led Consortium Acquires Emerson's Remaining Interest in Copeland

June 6, 2024

Manufacturing

Private equity funds managed by Blackstone, with investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and GIC, will acquire Emerson's remaining 40% interest in the Copeland joint venture (formerly Emerson Climate Technologies) for approximately $3.5 billion. The deal — in which Copeland will repurchase the seller's note — furthers Emerson's portfolio simplification and is expected to close in the second half of 2024, subject to regulatory approvals.

Blackstone Acquires Majority Stake in Emerson Climate Technologies (Rebranded Copeland)

October 31, 2022

Manufacturing

Private equity funds managed by Blackstone acquired a majority stake in Emerson's Climate Technologies business (rebranded as Copeland) in a transaction valuing the business at $14.0 billion. Emerson received approximately $9.7 billion in upfront cash, a $2.25 billion seller note and retained a minority equity stake while Blackstone (with co-investors ADIA and GIC) will support Copeland's growth as a standalone HVACR leader; Copeland reported fiscal 2022 sales of $5.0 billion and employs over 18,000 people.

Capital Concepts Holdings Acquires QCC

March 31, 2021

Manufacturing

Chicago-based private equity firm Capital Concepts Holdings, LLC (CCH) acquired QCC, a Harwood Heights, Illinois manufacturing services provider specializing in precision machining, assembly and testing, from Promus Equity. The transaction closed March 31, 2021; CCH said it will partner with QCC management to drive growth and operational improvements across QCC's hydraulics, commercial vehicle and aerospace end markets.

Blackstone Makes Majority Investment in Chartis

August 14, 2024

Healthcare Services

Funds managed by Blackstone will acquire a majority stake in Chartis, a US-based healthcare advisory firm, with continued equity participation from Audax Private Equity. The investment will support Chartis' expansion of strategic, digital, clinical, and financial transformation capabilities and accelerate the firm's buy-and-build growth; the transaction is expected to close by the end of 2024 and terms were not disclosed.