Blackstone Tactical Opportunities Acquires Majority Stake in ZO Skin Health

Blackstone Tactical Opportunities Invests in Lazeo

July 6, 2023

Healthcare Services

Funds managed by Blackstone Tactical Opportunities have agreed to make a significant investment in Lazeo, the Paris-headquartered, founder-led market leader in aesthetic medicine. The capital will support Lazeo's continued growth, scaling of operations and expansion across Europe while co-founder Dimitri Sillam remains CEO; financial terms were not disclosed and the transaction remains subject to customary approvals.

Blackstone Tactical Opportunities Acquires Majority Stake in New Tradition Media

June 12, 2023

Marketing & Advertising

Funds managed by Blackstone Tactical Opportunities acquired a majority stake in New Tradition, a U.S. out-of-home (OOH) media operator that owns and operates large-format digital and static signage across major U.S. markets. The investment will support New Tradition's expansion of its footprint and strengthen its real estate and advertising relationships while the company's founding management team remains in place and retains significant equity.

Blackstone Growth Acquires Majority Stake in Supergoop!

December 20, 2021

Consumer Products

Funds managed by Blackstone Growth (BXG) have acquired a majority stake in Supergoop!, the SPF-focused skincare brand founded by Holly Thaggard. Founder Holly Thaggard, CEO Amanda Baldwin and existing management will retain significant equity while prior investor Encore Consumer Capital and several other investors will continue to support the business; the investment is intended to fuel product innovation, brand marketing and national and international expansion. Terms were not disclosed.

L'Oréal Acquires Skinbetter Science

September 23, 2022

Consumer Products

L'Oréal has signed an agreement to acquire Skinbetter Science, a physician-dispensed U.S. skincare brand known for dermatology-backed, clinical formulations. Skinbetter Science—headquartered in Phoenix, Arizona and reporting nearly $95 million in trailing‑12‑month sales to August 31, 2022—will be integrated into L'Oréal USA's Active Cosmetics Division while its leadership team remains in place.

Blackstone Tactical Opportunities Acquires Majority Stake in TITUS

December 7, 2017

Cybersecurity

Funds managed by Blackstone Tactical Opportunities acquired a majority stake in TITUS, an Ottawa-based provider of data classification and categorization solutions; terms were not disclosed. Blackstone said the investment will help TITUS accelerate its product innovation and expand geographic reach as the company — which serves millions of users and over 950 enterprise customers — scales globally.

KKR Makes Minority Investment in SkinSpirit

October 20, 2022

Healthcare Services

KKR has made a minority growth investment in SkinSpirit, a U.S. medical‑aesthetics and medical‑spa platform, to accelerate national expansion and talent development while founder Lynn Heublein remains in leadership. GreyLion, an earlier investor, will remain a minority owner as KKR invests through its Health Care Strategic Growth Fund II to support scaling the business.