Blackstone portfolio company R Systems announced that its Board of Directors has appointed Nitesh Bansal as the Managing Director and Chief Executive Officer of the Company, effective May 30, 2023. Nitesh joins R Systems after a 25 year career, with 23 years at Infosys where he held several leadership roles, most recently serving as a…
Blackstone, the world’s largest alternative asset manager, announced that private equity funds managed by Blackstone (Blackstone) have acquired International Gemological Institute (“IGI”) from Shanghai Yuyuan Tourist Mart (Group) Co., Ltd., a subsidiary of Fosun, and Roland Lorie, who belongs to the founding family. Founded in 1975 in Antwerp, IGI is a global leader in independent…
Blackstone announced that private equity funds managed by Blackstone (Blackstone) have signed definitive agreements with Satinder Singh Rekhi and other current promoters to purchase a majority stake in R Systems International Limited (R Systems). R Systems, founded in 1993 by Satinder Singh Rekhi, is one of the leading providers of digital Information Technology services, specializing…
Blackstone announced that private equity funds managed by Blackstone have entered into a definitive agreement to acquire a controlling stake in Simplilearn Solutions Pvt. Ltd., a leading online learning ‘bootcamp’ based in India offering digital skills training and courses to working professionals all over the world. Simplilearn was founded in 2010 by its Chief Executive Officer Krishna Kumar.…