Blackstone Acquires Majority Stake in Sony Payment Services

Paystone Acquires Canadian Payment Services

January 26, 2022

Payments & Fintech

Paystone, a London, Ontario-based payments and customer engagement company, acquired Canadian Payment Services (CPS), a Canadian merchant services provider. The deal expands Paystone's merchant base and capabilities—adding CPS's ~10,000 merchants and enabling Paystone to offer its proprietary SaaS products and payment services to a larger Canadian footprint.

Sony Acquires 2.5% Stake in Bandai Namco Holdings

July 31, 2025

Media & Entertainment

Sony Group Corporation agreed to buy 16 million shares of Bandai Namco Holdings for about ¥68 billion (roughly $430 million), taking a 2.5% stake in the company. The investment formalizes a strategic alliance to expand global fan communities and develop IP-driven experiences across gaming, anime and music.

Blackstone Acquires PS Business Parks for $7.6 Billion

July 20, 2022

Real Estate

Affiliates of Blackstone Real Estate completed the acquisition of all outstanding shares of PS Business Parks, Inc. for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion. The deal brings PSB's portfolio—93 properties serving ~4,800 tenants across ~27 million square feet (plus ~800 residential units)—into Blackstone's real estate platform (operated via Link Logistics), expanding its industrial/industrial-flex and suburban office footprint.

Blackstone to Acquire Majority Stake in VFS Global from EQT Private Equity

October 7, 2021

Government & Public Sector

Private equity funds managed by Blackstone have signed a definitive agreement to acquire a majority stake in VFS Global from EQT Private Equity, with EQT retaining a minority position alongside the Kuoni and Hugentobler Foundation. VFS Global, headquartered in Zurich and Dubai, is the world's largest visa outsourcing services provider; Blackstone said it will help accelerate the company's digitization, expand into adjacent services, and capitalize on the global travel recovery. The transaction was expected to close by Q1 2022.

Blackstone Acquires Majority Stake in SPANX

October 20, 2021

Consumer Products

Blackstone (through its Blackstone Growth and Tactical Opportunities businesses) agreed to acquire a majority stake in SPANX, Inc. at a $1.2 billion valuation, with founder Sara Blakely retaining a significant equity stake and becoming Executive Chairwoman. The investment is intended to accelerate SPANX's digital transformation, expand its global footprint, and support product and category growth across e-commerce and retail channels.

Sony Interactive Entertainment Acquires Bluepoint Games

September 30, 2021

Media & Entertainment

Sony Interactive Entertainment (SIE) has entered into a definitive agreement to acquire Bluepoint Games, a long-time PlayStation partner known for high-quality remasters and remakes. Bluepoint, based in Austin, Texas, will join PlayStation Studios and continue operating under its current management; financial terms were not disclosed.