Blackstone Acquires International Data Group (IDG) for $1.3B

November 17, 2021

Blackstone’s private equity funds have completed the acquisition of International Data Group, Inc. (IDG) from Oriental Rainbow, LLC (a China Oceanwide subsidiary) for an enterprise value of $1.3 billion. IDG — which includes IDC and IDG Communications — provides market intelligence, data and technology-focused media; Blackstone said it will partner with IDG to expand product offerings and drive technology innovation.

Buyers
Blackstone
Targets
International Data Group, Inc.
Sellers
Oriental Rainbow, LLC, China Oceanwide Holdings Group Co., Ltd.
Industry
Data & Analytics
Location
Massachusetts, United States
Transaction Type
Buyout

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