Blackstone GP Stakes Takes Minority Stake in Nautic Partners

Blackstone GP Stakes Acquires Minority Stake in Great Hill Partners

November 12, 2021

Financial Services

Funds managed by Blackstone GP Stakes have acquired a minority ownership interest in Boston-based private equity firm Great Hill Partners. The minority investment is intended to support Great Hill’s continued growth and investment strategy; Evercore served as financial advisor to Great Hill while Kirkland & Ellis and Fried Frank served as legal counsel to Great Hill and Blackstone, respectively.

Nautic Partners Makes Growth Investment in SPS Health

February 4, 2022

Healthcare Services

Nautic Partners has made a strategic growth investment in SPS Health to support the company's continued investment in technology, clinical and operational solutions for post-acute pharmacies and PBMs. The capital from Nautic (from its tenth fund) will help SPS expand its technology-enabled offerings and broaden its reach across long-term care, behavioral health, correctional and other specialty pharmacy markets.

Blackstone GP Stakes Makes Minority Investment in FTV Capital

May 3, 2023

Financial Services

Funds managed by Blackstone GP Stakes have made a minority growth investment in FTV Capital, a growth equity firm focused on enterprise technology, financial services and payments. The partnership will provide FTV with strategic resources to support firm growth and increase commitments to its funds; Evercore served as financial advisor to FTV and Kirkland & Ellis and Fried Frank served as legal advisors.

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.

General Atlantic Makes Minority Investment in Partners Capital Investment Group

February 8, 2024

Financial Services

General Atlantic has acquired a minority stake in Partners Capital Investment Group by purchasing equity from longstanding external shareholders and some founding-generation partners. The transaction will increase ownership by the current leadership to retain senior talent while enabling Partners Capital to leverage General Atlantic's global network and capabilities to deepen investment and technology capabilities.

Blackstone GP Stakes and RidgeLake Partners Take Minority Stake in Sentinel Capital Partners

July 22, 2021

Financial Services

Blackstone’s GP Stakes business and RidgeLake Partners have made a minority equity investment in Sentinel Capital Partners, providing primary growth capital and strategic partnership support. The investment gives Sentinel access to Blackstone’s platform services (including group purchasing, sustainability, ESG and cybersecurity) and RidgeLake’s dealflow and industry expertise to support Sentinel’s midmarket private equity activities.