Blackstone Acquires Crown Resorts

Blackstone Acquires Significant Minority Stake in Rowan Digital Infrastructure

April 9, 2026

Infrastructure

Quinbrook and Blackstone announced that funds affiliated with Blackstone have acquired a significant minority stake in Rowan Digital Infrastructure. The investment is intended to support Rowan’s continued expansion and capacity growth of sustainable, build-to-suit hyperscale data center campuses across the United States.

Bally's Corporation Completes Merger With The Queen Casino & Entertainment (Standard General)

February 7, 2025

Media & Entertainment

Bally's Corporation completed its previously announced merger with The Queen Casino & Entertainment Inc., which is majority-owned by funds managed by Standard General L.P. Queen shareholders received a combination of stock and cash consideration under the merger agreement. The cash consideration was financed by $500 million of senior secured notes provided exclusively by funds managed by Apollo.

Blackstone Real Estate Acquires Village Hotels from KSL Capital Partners

June 26, 2024

Restaurants & Hospitality

Funds managed by Blackstone Real Estate have completed the acquisition of Village Hotels from affiliates of KSL Capital Partners. Village Hotels owns and operates 33 hotels across the United Kingdom (approximately 4,400 keys) with integrated fitness clubs, food & beverage outlets and co-working spaces; Blackstone said it plans to expand the number of hotels in the UK and enhance existing facilities.

Bluestone Equity Partners Invests in PMY Group

July 28, 2023

Media & Entertainment

Bluestone Equity Partners, a New York-based sports, media & entertainment private equity firm, has made a growth equity investment in PMY Group, a Melbourne-founded venue, events and infrastructure technology solutions provider. The capital will support PMY's international expansion — including a planned relocation of its global headquarters from Melbourne to the United States — and accelerate organic growth and acquisitive expansion; Bobby Sharma of Bluestone will join PMY's board.

Crown Products, Inc. Acquires Blakely Products Company

August 12, 2022

Building Products

Crown Products, Inc., a Bloomington, Minnesota-based distributor of flooring and installation products, has acquired Blakely Products Company, a Warren, Michigan–headquartered distributor with seven locations across Michigan and Northwest Ohio. The deal expands Crown's regional footprint in the Great Lakes/Upper-Midwest market and preserves Blakely's legacy and operations under Crown's broader distribution platform.

Alibaba and Baring Private Equity Asia Lead $400M Investment in Masan's The CrownX

May 18, 2021

Retail

A consortium led by Alibaba Group and Baring Private Equity Asia agreed to acquire a 5.5% stake in The CrownX for USD 400 million, implying a pre-money valuation of about USD 6.9 billion. The investment includes a strategic cooperation agreement with Lazada to accelerate The CrownX's offline-to-online (O2O) capabilities and expand its digital grocery ecosystem across Vietnam.