Blackstone Acquires Majority Stake in SPANX

Blackstone to Acquire Majority Stake in Skroutz

May 12, 2026

E-Commerce

Blackstone, through funds managed by its private equity business, has entered into a definitive agreement to acquire a majority stake in Skroutz, Greece’s leading online e-commerce marketplace, from CVC Capital Partners Fund VII. The transaction is expected to close in the second half of 2026, subject to regulatory approvals, with Skroutz founders selling part of their shares while retaining a stake and continuing to lead the business.

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.

Blackstone Growth Majority Investment in NetBrain Technologies

July 26, 2025

Cloud & SaaS

Blackstone Growth has closed a majority investment in NetBrain Technologies at a reported $750 million valuation, acquiring a controlling stake to accelerate the company's global expansion and AI-powered network automation roadmap. As part of the transaction NetBrain appointed Bernadette Nixon as CEO while founder Lingping Gao will move to chair the board.

Blackstone Acquires Majority Stake in Sony Payment Services

December 22, 2023

Payments & Fintech

Private equity funds managed by Blackstone signed a definitive agreement to acquire a majority (reported ~80%) stake in Sony Payment Services Inc. from Sony Bank (part of Sony Group), with Sony Bank retaining a minority roll‑over. The deal — reported at roughly $280 million for an 80% stake — marks Blackstone's first investment in Japan's fintech/payments sector as it seeks to expand its Japan private equity portfolio and support SPSV's growth through technology and talent investment.

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.

Blackstone Growth Makes Minority Investment in ISN (ISNetworld)

December 17, 2020

Cloud & SaaS

Funds managed by Blackstone, led by Blackstone Growth (BXG), have made a significant minority investment in ISN (ISNetworld) at a valuation of over $2 billion. The capital will be used to support product innovation and expansion into new markets and geographies, with Blackstone becoming ISN's only outside stockholder while ISN remains employee-owned.