Blackstone Invests $250 Million in Advanced Digital Gaming Technology (ADGT) Payments Platform

Bragg Gaming Group Acquires Drayton International for $9 Million

May 14, 2026

Media & Entertainment

Bragg Gaming Group completed its previously announced acquisition of Drayton International in an all-stock transaction valued at about $9 million. The deal expands Bragg’s presence in regulated U.S. sports betting and horse racing markets and provides entry into advance deposit wagering (ADW), while also increasing proprietary game content and technology via Drayton’s studios and distribution infrastructure.

Blackstone Energy Transition Partners to Acquire Majority Stake in Advanced Cooling Technologies

March 11, 2026

Industrial Services

Funds managed by Blackstone Energy Transition Partners have entered into a definitive agreement to acquire a majority stake in Advanced Cooling Technologies, Inc. (ACT), a U.S. manufacturer of highly-engineered thermal management and energy efficiency solutions. The transaction is expected to close in the second quarter, subject to customary conditions, with ACT’s executive team remaining in place and continuing as significant shareholders.

Apollo Funds Acquire IGT's Gaming & Digital Business from Brightstar Lottery

July 1, 2025

Media & Entertainment

Funds managed by affiliates of Apollo Global Management completed the acquisition of International Game Technology PLC’s Gaming & Digital business from Brightstar Lottery (formerly IGT). Brightstar received approximately $4.0 billion of net cash proceeds, which it will use to reduce near-term debt, return $1.1 billion to shareholders (a $3.00 per-share special dividend plus a $500 million repurchase authorization), and fund other corporate priorities; Brightstar will continue to trade as Brightstar Lottery (BRSL).

Blackstone Tactical Opportunities Invests $300M in DDN at $5B Valuation

January 9, 2025

AI & Machine Learning

DDN (DataDirect Networks) received a $300 million investment from funds managed by Blackstone Tactical Opportunities at a $5 billion post-money valuation. The growth capital will be used to accelerate DDN's expansion of AI and high-performance computing data intelligence solutions and scale its platform for enterprise, hyperscaler, and cloud customers.

Aquiline and ADIA Invest in Fullsteam

May 25, 2023

Payments & Fintech

Fullsteam LLC, an Auburn, Alabama–based payments and vertical software provider, received a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) alongside founding sponsor Aquiline Capital Partners and a consortium of other investors. The growth capital will support Fullsteam’s expansion strategy, including continued organic growth and further acquisitions across its portfolio of vertical software and payments businesses.

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.