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

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 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.

Thoma Bravo Acquires Darktrace

October 1, 2024

Cybersecurity

Thoma Bravo has completed its all-cash acquisition of Darktrace in a transaction valued at approximately $5.3 billion, following a recommended Scheme of Arrangement. The private equity firm intends to partner with Darktrace's management to scale the cybersecurity AI platform, invest in R&D and expand its global reach.

Bain Capital Credit Invests $145M Growth Capital in DTiQ

October 14, 2024

Cloud & SaaS

DTiQ received a $145 million growth investment from Bain Capital's Private Credit Group to accelerate its shift to a higher SaaS growth model, expand AI- and computer-vision-powered video analytics offerings, and support geographic expansion. The funding will help DTiQ broaden its SaaS product portfolio for restaurant, convenience store and specialty retail operators and accelerate product innovation and market expansion.

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

November 17, 2021

Data & Analytics

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.

Diversis Capital Invests Growth Capital in Black Box Intelligence

January 8, 2021

Data & Analytics

Diversis Capital Partners has made a significant growth investment in Black Box Intelligence to accelerate the company's product and team investments and expand its presence in the broader foodservice industry. The deal will provide growth capital and operational expertise while founders Wallace Blair and Joni Thomas Doolin remain involved as investors, strategic advisors and board members.