Simpli.fi, a programmatic advertising and agency management software company, announced that private equity funds managed by Blackstone have completed the previously announced significant equity investment in the company. Blackstone joins existing investor GTCR, a leading private equity firm, as majority shareholders in the company. The investment, made through Blackstone’s flagship private equity vehicle, values the…
Blackstone announced that private equity funds managed by Blackstone (Blackstone) have entered into a definitive agreement to make a significant equity investment in Simpli.fi, a leader in programmatic advertising and agency management software. Blackstone will join existing investor GTCR, a leading private equity firm, as majority shareholders in the Company. The investment, which would be…
Blackstone, one of the world’s leading investment firms, announced that it has reached a definitive agreement to acquire Ancestry from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion. Current Ancestry investor GIC will continue to retain a significant minority stake in the company. This transaction…