Blackstone Tactical Opportunities Invests in Lazeo

Blackstone Tactical Opportunities Acquires Majority Stake in ZO Skin Health

October 5, 2020

Consumer Products

Funds managed by Blackstone Tactical Opportunities have acquired a majority stake in ZO Skin Health, the Irvine, California–based physician-dispensed skincare brand founded by Dr. Zein Obagi. The investment will provide ZO with additional resources to support global growth; financial terms were not disclosed.

Blackstone Tactical Opportunities Invests in DECA Dental Group

August 26, 2021

Healthcare Services

Funds managed by Blackstone Tactical Opportunities have made a strategic investment in DECA Dental Group, a Dallas-based dental service organization founded by Dr. Sulman Ahmed. Blue Sea Capital sold its interest as part of the transaction while DECA's management, led by Dr. Ahmed, remain meaningful owners; the investment will support DECA's continued national expansion of its multi-location dental platform.

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.

Blackstone Tactical Opportunities Makes £140M Strategic Investment in Currencies Direct

March 8, 2022

Payments & Fintech

Funds managed by Blackstone Tactical Opportunities agreed to make a £140 million minority strategic investment in Currencies Direct, partnering with the company's management and existing sponsors Palamon Capital Partners and Corsair, who will retain a majority co-controlling stake. The capital will be used to accelerate Currencies Direct’s growth—including targeted M&A—and Blackstone will join the company's board to support expansion of its digital FX and international payments platform.

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 DESOTEC; EQT Mid Market Europe Takes 15% Stake

March 18, 2021

Environmental Services

Private equity funds managed by Blackstone agreed to acquire Belgium-based DESOTEC from the EQT VII fund, with EQT Mid Market Europe exercising a co‑investment option to acquire a 15% minority stake and board representation. The transaction, which closed May 31, 2021, positions DESOTEC to continue its pan‑European growth in mobile, circular filtration services.